Chapter 31 The Economics of Government Subsidies Homework Questions
1. Explain how government subsidizes industry by regulating supply and demand.
2. What difficult market forces are
encountered by the agriculture industry?
How do these forces affect
supply, demand, and the total revenue received by
farmers?
Explain how some of these forces were caused by government
actions; some of which succeeded,
some of which failed.
Answers to Chapter 31 Homework Questions | Table of Contents |
Go to Chapter 31 Class Discussion Questions | Economics Free Stuff |