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In Business / High School | 2025-07-08

2.1 Answer the following questions:
2.1.1 Name any TWO products that are subsidised by government in South Africa.
2.1.2 With the aid of a graph, explain the typical effects of a subsidy on a product of your choice.

Asked by naledimajola58

Answer (2)

The South African government subsidises products like maize meal and electricity to keep them affordable. These subsidies shift supply curves rightward, lowering prices and increasing the quantity available in the market. This allows consumers to access essential goods more readily while ensuring profitability for producers. ;

Answered by GinnyAnswer | 2025-07-08

The South African government subsidises maize meal and electricity to ensure affordability. A subsidy on maize meal shifts the supply curve rightward, leading to lower prices and increased quantity available. This encourages accessibility by making essential products cheaper for consumers while supporting producers financially.
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Answered by Anonymous | 2025-07-29

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