SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level (DONEEEEEEE)

» Start this Course
(Practice similar questions for free)
Question:

What are the Advantages of Subsides in the Market?

Author: eric_galvao



Answer:

-Benefit of the Goods will be Internalised, and the Price of the Good is Reduced -Subsidies can lead to Changes in Preference and make Merit Goods more Preferable as its Cheaper -Positive Externalities are still Present - Wind Farms will keep on Reducing Pollution -Subsdies can make Domestic Industries grow to a point that it can Exploit Economics of Scale and be Internationally Competitive


0 / 5  (0 ratings)

1 answer(s) in total