A Subsidy in an Industry Would Be Likely to Increase

question 54

True/False

A subsidy in an industry would be likely to increase the consumer surplus for buyers in that industry and increase the producer surplus for sellers in that industry.

---

Definitions:

Assignor

The party in an agreement who transfers their rights or property to another, called the assignee.

Assignee

A person, party, or entity to whom a contract or legal right has been transferred.

Assignor

The party in a contract or agreement who transfers their rights or interests to another party, known as the assignee.

Assignee

An individual or entity to whom rights or interests are transferred by another.