
Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498
Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 20
Suppose government offers a subsidy to laptop sellers. Say whether each group of people gains or loses from this policy.
a. Laptop buyers.
b. Laptop sellers.
c. Desktop computer sellers (assuming that they are different from laptop manufacturers). d. Desktop computer buyers.
a. Laptop buyers.
b. Laptop sellers.
c. Desktop computer sellers (assuming that they are different from laptop manufacturers). d. Desktop computer buyers.
Explanation
Subsidy:
Subsidy refers to the provisio...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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