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How can tax and subsidies infleuence …

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How can tax and subsidies infleuence allocation of resources

    • Posted by Simran Singh 6 years, 5 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Nitya Bhardwaj 6 years, 5 months ago

    Heavy taxes can be levied on harmful industries such as liquor etc. to discourage their consumption whereas tax concessions and subsidies can be provided to industries such as Khadi to encourage their use .

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