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31.01.2022 •
Social Studies
What effect does subsidies on production have on gdp at basic prices
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Ответ:
Marginal production subsidies will shift the supply curve to the right until the vertical distance between the two supply curves equals the per unit subsidy; when all else is equal, this will decrease the price paid by consumers (which is equal to the new market price) and increase the price received by producers.
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