Examlex
Direct contact is an integrating mechanism that:
Subsidy Benefit
Financial assistance granted by a government, organization, or individual to support economic activities deemed beneficial, lowering the cost to the consumer or producer.
Statutorily Granted
Rights or privileges given or controlled by laws or statutes rather than by common law or equity.
Subsidy Benefit
Financial support provided by the government or an organization to reduce the cost of goods or services for the end-user.
Inelastic Supply
A situation where the quantity supplied of a good does not change significantly when its price changes.
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