Question : _______________ are the economic assistance given by the government to the firms.
Option 1: Subsidies
Option 2: Indirect taxes
Option 3: Factor cost
Option 4: Market price
Answer (1)
17th Jan, 2024
Correct Answer: Subsidies
Solution :
A government transfer of funds to an organisation is called a subsidy. It causes the cost of the subsidised good to decrease. Supporting the wellbeing of society is the goal of subsidy.
Hence, Option A is correct.
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