Opportunity cost to providing this support from government

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The radio manufacturing industry has been in decline for quite some time. Suppose the government is called on to save this industry with infusions of cash, low interest loans, or other special breaks. This might be touted as helping firms remain open, thereby saving jobs for the economy. Is there an opportunity cost to providing this support from government? What does it mean about jobs elsewhere in the economy?

Reference no: EM13859006

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