Answer to Question #95130 in Microeconomics for Bobbi

Question #95130
A reduction of subsidies by the government in the production of good x cause what?
1
Expert's answer
2019-09-24T08:52:14-0400

A reduction of subsidies by the government in the production of good x increases the production cost of the same good, which will further lead to a rise in the price of the good.


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