A____occurs when the government pays a firmdirectly or reduces the firm's taxes if the firm carries outcertain actions. From the firm's perspective, subsidies arean offset to costs; they essentially reduce the cost ofproduction and increase supply at every given price,shifting supply to the right.O subsidyO tarrifO price ceilingO price floor

This concept relates to economics and how firms can take benefit of a certain alternative provided…

Answered: directly or reduces the firm's taxes if…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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directly or reduces the firm's taxes if the firm carr certain actions. From the firm's perspective, subsi an offset to costs; they essentially reduce the cos production and increase supply at every given pri shifting supply to the right. O subsidy