Course

Subsidies

Instructor: Alex Tabarrok, George Mason University

Subsidies : Money given by the government to firms in order to keep an industry competitive and prices low. A subsidy is equivalent to a decrease in a firm's costs

Subsidies: Money given by the government to firms in order to keep an industry competitive and prices low. A subsidy is equivalent to a decrease in a firm's costs. This is from the video “The Supply Curve Shifts” in the Principles of Microeconomics course.

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