Examlex
What does Level I of the funnel metaphor represent?
Consumers
Individuals or entities that purchase goods or services for personal use rather than for manufacturing or resale.
Substitute
A good or service that can be used in place of another, offering consumers a choice when making purchase decisions.
Input
Resources used in the production process of goods or services, including labor, materials, and capital.
Removing Subsidy
The process of eliminating financial support provided by governments to businesses, individuals, or other government departments.
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