A Private Subsidy Has What Effect on the Amount of a Good

question 193

Essay

A private subsidy has what effect on the amount of a good or service produced? Is a subsidy an appropriate policy to offset the inefficiency from an external cost or an external benefit?

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Definitions:

Intellectual Development

The growth and change in intellectual capabilities, such as learning, thinking, reasoning, and problem-solving.

Authority Figures

Individuals who hold power or control in social structures, typically held in high regard and expected to be obeyed and respected.

Crossover Effect

Shifts in behaviors such as drug use that is related to age and race, such that the relative frequency of a behavior reverses between or over time. For example, White female marijuana users use more often than Black female users until their mid-twenties when frequency of use for Black female users matches or exceeds that of White female users.

Suicide Rates

The statistical measure of the number of suicide occurrences in a given population within a specified time period.