An increase in production subsidies causes an increase in supply.

Name: An increase in production subsidies causes an increase in supply.
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Question

Quizplus · Accepted Answer

Production subsidies provide financial assistance to producers, which can incentivize them to increase production. This leads to an increase in the supply of the subsidized goods. Therefore, an increase in production subsidies causes an increase in supply.

An Increase in Production Subsidies Causes an Increase in Supply