EconLearn

How to Calculate a Per-Unit Subsidy

A corrective per-unit subsidy equals the marginal external benefit at the socially optimal quantity, the vertical gap between MSB and MPB at Q optimal.

The Per-Unit Subsidy formula

Per-unit subsidy = MSB − MPB measured at Q(optimal) Total cost to government = per-unit subsidy × quantity traded after the subsidy

Calculator

Enter private demand, social demand and marginal social cost to size the corrective subsidy and its cost.

Private demand is P = 60 − 2Q, what buyers alone will pay.

How far private demand falls per extra unit. Enter 2 for P = 60 − 2Q.

MSB is MPB plus the external benefit, so 60 + 15 = 75.

Normally the same slope as MPB, since the spillover is a constant per unit.

Supply is P = 10 + 3Q with no cost spillover in this example.

How far cost rises per extra unit. Enter 3 for P = 10 + 3Q.

Per-unit subsidy
$15

Pay $15 per unit, the gap between MSB and MPB at 13 units, and buyers act on the full social benefit.

Free-market quantity
10

Where private demand meets supply, so buyers act on their own benefit only and take 10 units.

Socially optimal quantity
13

Where MSB meets MSC. The free market falls 3 units short of it.

Price sellers receive
$49

Sellers receive $49 while buyers pay only $34, and the government covers the difference.

Price buyers pay
$34

The seller price minus the subsidy, which is exactly what private demand will bear at the optimal quantity.

Total cost to government
$195

Subsidy per unit times the quantity traded after the subsidy, which is the optimal quantity.

Market verdict
Underproduction

How to calculate Per-Unit Subsidy, step by step

  1. 1
    Find the socially optimal quantity. Q optimal is where marginal social benefit equals marginal social cost, which sits to the right of the free-market quantity for a positive externality.
  2. 2
    Measure the external benefit there. At Q optimal, subtract marginal private benefit from marginal social benefit; that vertical gap is the marginal external benefit.
  3. 3
    Set the subsidy equal to that gap. The per-unit subsidy equals the marginal external benefit, which lifts private demand until buyers act on the full social benefit.
  4. 4
    Split the price. Sellers receive the price on the supply curve at Q optimal, buyers pay that price minus the subsidy, and the difference is the subsidy per unit.
  5. 5
    Compute total government spending. Multiply the per-unit subsidy by the quantity traded after the subsidy, which is Q optimal.

Worked example: Per-Unit Subsidy

Flu shots have marginal private benefit P = 60 − 2Q and marginal social cost P = 10 + 3Q. Each shot gives $15 of protection to other people, so MSB = 75 − 2Q. Free market: 60 − 2Q = 10 + 3Q gives Q = 10 at a price of $40. Social optimum: 75 − 2Q = 10 + 3Q gives 5Q = 65, so Q = 13, where MSC = 10 + 39 = $49 and MSB = 75 − 26 = $49. The per-unit subsidy is $15. Sellers receive $49, buyers pay 49 − 15 = $34, which matches private demand at Q = 13 (60 − 26 = $34). Total cost to the government = $15 × 13 = $195, and the old deadweight loss of ½ × 3 × 15 = $22.50 is gone.

Per-Unit Subsidy questions

How is a per-unit subsidy different from a lump-sum subsidy?

A per-unit subsidy pays a fixed amount on every unit sold, so it shifts the curve and changes the quantity traded. A lump-sum subsidy is one fixed payment that leaves marginal cost and marginal benefit unchanged, so quantity does not move.

How much does the subsidy cost the government?

Total cost equals the per-unit subsidy times the quantity traded after the subsidy. In the example above that is $15 × 13 = $195.

Can a subsidy create deadweight loss?

Yes, if it is larger than the marginal external benefit it pushes output past the socially optimal quantity and creates a new deadweight loss. Set exactly equal to the external benefit, it removes the loss from underproduction instead.

Get AP Econ exam tips in your inbox

Occasional emails with study tips, new interactive graphs, and exam-season reminders. Free, no spam.

No spam. Unsubscribe anytime. Read our privacy policy.

Keep track of what you have studied

A free EconLearn account adds progress tracking, your quiz history, and achievements. Studying here is free either way, and there is nothing to pay for as a student.

Create a free account

Already have one? Sign in

Last updated

AP® is a trademark registered by the College Board, which is not affiliated with, and does not endorse, EconLearn.