Question

how does the APM affect the government revenue ??discuss??????​

Answer 1

Answer:

This reduces the total revenue of the government. If the price is being controlled and the commodities are distributed via the private sector, the government would have to pay the private sector the excess of the subsidised amount. This results in a reduction in the revenue of the government

Explanation:

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Answer 2

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Administrative Price Mechanism (APM) is the price fixed by the government for essential commodities to prevent hoarding and to facilitate their availability within a reasonable price range. It largely includes commodities like LPG, kerosene, diesel, CNG, and others. ... This reduces the total revenue of the government.

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