Economics A Level: What does Consumer and Producer Gain even mean?

Question

What does Consumer and Producer Gain even mean?

go kys · Accepted Answer

-Consumer Gain refers to the Falling in Price. What they gain is that they pay LESS for the Goods than they would have if no Subsidy Existed. 
-Producer Gain refers to the Extra Revenue they gain from the Government that they can Keep.

Economics A Level

What does Consumer and Producer Gain even mean?

-Consumer Gain refers to the Falling in Price. What they gain is that they pay LESS for the Goods than they would have if no Subsidy Existed. -Producer Gain refers to the Extra Revenue they gain from the Government that they can Keep.

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