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
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Card 7
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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
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Card 8
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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