Economics B A-Level
Subsidies
What Subsidies means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Subsidies
Check what you remember
Read the wording for your board, then hide it and explain Subsidies in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
These lower costs of production, shifting the supply curve to the right.
Topics that use Subsidies
- Supply (Pearson Edexcel A-Level)
Related terms
- Ceteris paribus
- Contraction
- Ethical production
- Extension
- Movement along a supply curve
- Profit maximisation
- Sales maximisation
- Shift of the supply curve
Using Subsidies in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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