Examlex

Solved

If a Subsidy Was Imposed on an Industry Whose Production

question 255

Multiple Choice

If a subsidy was imposed on an industry whose production imposed external benefits on others, then the goods' consumers of the good would be ____ and the result would be a(n) ____ in efficiency.


Definitions:

Articles Of Organization

The document that is filed with the appropriate state official, usually the secretary of state, when a limited liability company is formed.

Limited Liability Company

A business model that merges a corporation's limited liability with the partnership or sole proprietorship's pass-through taxation.

Attorney's Office

A legal office where attorneys practice law and provide legal services to clients.

Citizen

A legally recognized subject or national of a state or commonwealth, either native or naturalized.

Related Questions