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Economics

1. Explain why from an individual producer's perspective, a general subsidy on production costs is preferable to a subsidy on only one factor of production when the costs of the two policies to the government are indentical.

2. Describe briefly how other economic agents can influence the government choice between a general subsidy and a specific subsidy.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91950727

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