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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


Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 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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