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ZIMSEC O-Level Economics

6.18.3Indirect taxes and subsidies

Indirect taxes and subsidies in ZIMSEC O-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic20 practice questions1 lesson

Learning objectives

What the syllabus expects you to be able to do.

  1. 6.18.3.1Explain how indirect taxes and subsidies are used to correct market failure.

Lessons

  • Indirect taxes and subsidies in product markets

    30 min

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Sample question

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Indirect taxes and subsidies: sample question

1 mark

The government gives producers of solar lamps a subsidy for each lamp sold. What is the most likely effect on the market for solar lamps?

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