A subsidy placed on the production of wheat results in lower costs for wheat farmers and an increase in the supply.

Name: A subsidy placed on the production of wheat results in lower costs for wheat farmers and an increase in the supply.
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Question

Quizplus · Accepted Answer

A subsidy on the production of wheat lowers the cost of production for farmers, encouraging them to produce more, which increases the supply of wheat in the market.

A Subsidy Placed on the Production of Wheat Results in Lower