what is subsidy and marked price
Answers
Answer:
A subsidy or government incentive is a form of financial aid or support extended to an economic sector generally with the aim of promoting economic and social policy. Although commonly extended from government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies
A price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services. A price is influenced by both production costs and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions.
Answer:
Heyaa♡♡
Here is your answer -
A subsidy is a benefit given to an individual, business, or institution, usually by the government. ... The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
Market price -
Market price is for a particular time but normal price is for a period of time. Market price is the price prevailing on a particular day or a particular time. It is the result of market demand and supply.
Hope it helped you.