Taxes, restrictions, and subsidies can all have an impact on the cost of production and the supply curve. The United States, for example, levies a tax on alcoholic beverages that brings in roughly $8 billion each year. Businesses consider taxes to be costs. For the reasons stated above, higher costs reduce supply. Other cost-affecting policies include a plethora of government laws that demand businesses to spend money to produce a cleaner environment or a safer workplace; compliance with regulations raises expenses.
On the other hand, a government subsidy is the polar opposite of a tax. When the government pays a company directly or decreases the company's taxes in exchange for particular activities, this is known as a subsidy. Taxes or restrictions, in the eyes of the firm, are an additional cost of production that pushes supply to the left, causing the firm to create fewer units at a given price. Subsidies from the government lower the cost of production and boost supply at all prices, pushing supply to the right.
Ano ang tawag sa paggamit ng paggastos at pagbubuwis ng pamahalaan upang impluwensiyahan ang daloy ng ekonomiya ng isang bansa?
Answers & Comments
influence of government to supply
Taxes, restrictions, and subsidies can all have an impact on the cost of production and the supply curve. The United States, for example, levies a tax on alcoholic beverages that brings in roughly $8 billion each year. Businesses consider taxes to be costs. For the reasons stated above, higher costs reduce supply. Other cost-affecting policies include a plethora of government laws that demand businesses to spend money to produce a cleaner environment or a safer workplace; compliance with regulations raises expenses.
On the other hand, a government subsidy is the polar opposite of a tax. When the government pays a company directly or decreases the company's taxes in exchange for particular activities, this is known as a subsidy. Taxes or restrictions, in the eyes of the firm, are an additional cost of production that pushes supply to the left, causing the firm to create fewer units at a given price. Subsidies from the government lower the cost of production and boost supply at all prices, pushing supply to the right.
Ano ang tawag sa paggamit ng paggastos at pagbubuwis ng pamahalaan upang impluwensiyahan ang daloy ng ekonomiya ng isang bansa?
brainly.ph/question/11743303
#letsstudy