For Students and Teachers. This two page illustartion summarises the impact of subsidy on Producers, Consumers, and the Government where both text and graphs have been used. The impact on Consumer Surplus is shown as a shaded region to make it easier for students to understand.

This is a complete lesson for students who want to understand Market Structures and various levels of profits associated with these. An easy-to-follow guide about attempting 12,13,15 and 25 marks essay on Market Structures. A great help for teachers too; the arrangement saves a lot of time. Teachers can simply play this on projector in the class.

To get detailed insight on how producer theory works.