Ask Question
BusinessBusiness
29 December, 05:19

A subsidy is the opposite of a tax. with a $0.50 tax on ice-cream cones, the government collects $0.50 from buyers for each cone purchased; with a $0.50 subsidy for ice-cream cones, the government pays buyers $0.50 for each cone purchased. show the effect of a $0.50 per cone subsidy on the demand curve for ice-cream cones.

+1
Answers (1)
  1. 29 December, 05:22
    0
    The concept of subsidy is very well-explained in this item. From the context, subsidy is the amount that is payed by the government to the buyer every time a purchase is made. Since, the concept of subsidy is very favorable to consumers then, the demand for a certain product would definitely go high.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A subsidy is the opposite of a tax. with a $0.50 tax on ice-cream cones, the government collects $0.50 from buyers for each cone purchased; ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Nadia could not withdraw money from her checking account, even though it had been several weeks since she deposited a check. What act protects her from this?1. Equal Credit Opportunity Act2. The Truth in Lending Act3.
Answers (1)
When a country that exported a particular good abandons a free-trade policy and adopts a no-trade policy, A. producer surplus decreases and total surplus decreases in the market for that good. B.
Answers (1)
Which of the following is most likely to create a long-term trend? A. Fashion B. Entertainment C. Television shows D. Demographics
Answers (2)
Pepperdine Company paid factory rent of $10,000. At the time this transaction occurred, it did not affect total assets or net income. True or false?
Answers (1)
In the context of strategic thinking, which of the following is a difference between for-profit organizations and nonprofit organizations? a. Unlike nonprofit organizations, for-profit organizations depend on events in the external environment. b.
Answers (1)
New Questions in Business
In the United States, you can own anything you want and decide what you want to do with it, as long as it does not violate the law. This describes the principle of
Answers (1)
High value-added per employee is associated with: a. capital intensive industries. b. labor intensive industries. c. the shoe industry in 1860. d. the use of unskilled labor.
Answers (1)
How were the earliest benefits of the industrial revolution distributed between Factory owners and workers?
Answers (1)
Ben and Sam Jenkins formed a partnership. Ben contributed $8,000 cash and a used truck that originally cost $35,000 and had accumulated depreciation of $15,000. The truck's fair value was $16,000. Sam, a builder, contributed a new storage garage.
Answers (1)
Select all that apply. A primary incentive for entrepreneurs is 1: Profit 2: A skill and happy workforce 3: Notoriety 4: Seeing an idea come into being 5: Paying taxes
Answers (1)
Home » Business » A subsidy is the opposite of a tax. with a $0.50 tax on ice-cream cones, the government collects $0.50 from buyers for each cone purchased; with a $0.50 subsidy for ice-cream cones, the government pays buyers $0.50 for each cone purchased.
Sign Up Forgot Password?