Subsidy

 

 

 

Subsidy

 

Glossary of business

 

Definition of subsidy

 

A subsidy is a payment made to firms or consumers designed to encourage an increase in output. A subsidy will shift the supply curve to the right and therefore lower the equilibrium price in a market.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of subsidy

 

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Meaning of subsidy

 

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What does subsidy mean ?

 

 

 

 

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