More cards in this set

Card 6

Front

Impacts of Subsidies on ... : The price of a good or service will be lower for ... if there is a subsidy. This means that the ... demand can increase and they can buy more of a good for the same price

Back

Preview of the front of card 6

Card 7

Front

Impacts of subsidies on ... : The costs of production for ... will decrease meaning they can increase output and their overall revenue when they don't pay all the production costs

Back

Preview of the front of card 7

Card 8

Front

Impacts of subsidies on ... : The .. will lose money as sometimes they give the money for the subsidy meaning they will have less money and the overall tax revenue will decreas

Back

Preview of the front of card 8