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Helga [31]
4 years ago
14

What is a subsidy wedge? the combined reduction in consumer surplus and producer surplus that results from a subsidy the amount

by which a subsidy reduces the price that buyers pay for a good the amount by which a subsidy increases the price firms receive for their good the difference between the amount of a good that is produced before and after a subsidy is imposed the difference between the price that sellers receive and the price that buyers pay, resulting from a subsidy government cheese the difference between the price that sellers receive and the price that buyers pay, resulting from a commodity tax the difference between the quantity supplied and the quantity demanded that results from a subsidy
Business
1 answer:
solmaris [256]4 years ago
8 0

Answer:

the difference between the price that sellers receive and the price that buyers pay, resulting from a subsidy government cheese.

Explanation:

In Economics, subsidy can be defined as the amount of money or benefits such as tax reduction given by the government to sellers in order to sustain production and enable the buy to continuously purchase the product.

A subsidy wedge can be defined as the difference between the price that sellers receive and the price that buyers pay, resulting from a subsidy government cheese.

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This is an example of Job enrichment

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A change in demand is represented by a ______ the demand curve while a change in quantity demanded is represented by a _______ t
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The Shady Farm Milk Company can process milk at a fixed rate of 7,200 gallons/hour. The company’s clients request 91,000 gallons
kogti [31]

Answer:

62,200 gallons of milk are still at the queue to be processed by noon

Explanation:

Step 1: Determine quantity of milk processed by noon

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replacing;

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Step 3: Determine remaining quantity to be processed at noon

Remaining quantity=total quantity-quantity already processed by noon

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total quantity=91,000

quantity already processed by noon=28,800

replacing;

Remaining quantity=(91,000-28,800)=62,200 gallons

62,200 gallons of milk are still at the queue to be processed by noon

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