Share
Explore BrainMass

Subsidy v. Tax

What is the basic difference between using a subsidy to induce producers to install antipollution equipment and a tax on producers who pollute?

Solution Preview

Dear Student,

Thank you for using BM.
Below are my answers.

ANSWERS

Using subsidy to induce producers to install antipollution equipment means that the producer's total ...

Solution Summary

Using subsidy to induce producers to install antipollution equipment is explained.

$2.19