Subsidy implies
Subsidy implies
(a) Selling the product above the cost of production
(b) Selling the product below the cost of production
(c) Selling the product at cost less indirect taxes
(d) Selling the product at cost plus indirect taxes
Anurag Pathak Changed status to publish December 5, 2023
Ans – (b)
The subsidy is provided by the government to the production units to produce essential goods where the cost of production is high with a condition to sell the goods at a reasonable price.
Generally, the price is below the cost of production.
Anurag Pathak Changed status to publish December 5, 2023
