67 227
Assignments Done
99,2%
Successfully Done
In November 2018

Answer to Question #73128 in Microeconomics for connoer

Question #73128
draw a graph showing a subsidy placed on a good with PED higher than PES.
Expert's answer
If PED of good is higher than PES, then buyers receive higher portion of subsidy then producers.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions