AP Microeconomics Review for Unit 5 - Imperfect Competition - Part 10
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wait doesn't government subsidies come from the tax payer's money?
so basically... if the governemnt have a price ceiling lower than the Monopolist's profit, and give them subsidies, we, as the taxpayers, still pay as if there was no ceiling, or higher ceiling...just indirectly..
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I'll get you a detailed response from th teacher shortly.
gewalker72 1 year ago
Cameraman here: keep in mind that govt's can deficit spend so there isn't a 1 to 1 correllation
gewalker72 1 year ago