What are subsidies, Microeconomics

Assignment Help:

What are subsidies? 

Almost in all market systems, government plays its role to stabilize the price of certain commodities, which are of public interest like medicines and edibles etc. For this, government give some incentives to producers to produce particular commodities, that is, to keep the supply and price of those commodities stable at certain level .These incentives, given to the producers, are known as subsidies.  

 


Related Discussions:- What are subsidies

Implementation of economic policies, IMPLEMENTATION OF ECONOMIC POLICIES: ...

IMPLEMENTATION OF ECONOMIC POLICIES: Innumerable studies are available to  document these failures of policy and planning. However, there are vast differences of opinion conce

Monopoly, causes for emergency of monopoly

causes for emergency of monopoly

Determinants of private demand for education, Determinants of Private Deman...

Determinants of Private Demand for Education Rates of return on investment in education is only one of the factors determining the demand for private investment though it is

Work plan and gantt chart, Once the organization has decided to move forwar...

Once the organization has decided to move forward with the development of a new or modified system, it is time to determine what tasks are necessary to move the project from initia

Foreign trade, FOREIGN TRADE: Interdependence between the economies of...

FOREIGN TRADE: Interdependence between the economies of the world has increased multifold. External sector in the economy has gained primeimportance. Both exports and imports

Arbitration, Arbitration The use of a third party to describe between ...

Arbitration The use of a third party to describe between two sides dead locked in a negotiation. The arbitrator's decision can be binding or not binding, as before agreed upon

Economic instruments, Economic instruments Financial rewards, incentives an...

Economic instruments Financial rewards, incentives and penalties that operate automatically via market forces, to encourage beneficial behavior.

Intermediate microeconomics, For each of following production functions, co...

For each of following production functions, comment on the ability to substitute capital for labor. Note that Q, K, and L denote output, capital, and labor respectively. A: B

Deuterium, preperation methods of deuterium

preperation methods of deuterium

Atoms and molecules, who proposed the law of chemical combinations?

who proposed the law of chemical combinations?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd