If factor cost is greater than market price, then it means that:

566 viewsDecember 5, 2023MCQs (National Income)

Anurag Pathak28.55K December 5, 2023 0 Comments

(a) Indirect Taxes > Subsidies

(b) Indirect Taxes = Subsidies

(d) Indirect Taxes ≥ subsidies

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Anurag Pathak28.55K Posted December 5, 2023 0 Comments

Ans – (c)

When subsidies are greater than Indirect taxes, factor cost becomes greater than market price.

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If factor cost is greater than market price, then it means that:

1 Answer

Anurag Pathak

1 Answer

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