Examlex
Which of the following is NOT an example of a factor of production?
Tax on Buyers
A financial charge imposed directly on consumers, which tends to shift the demand curve downward, reflecting a decrease in the quantity demanded at each price.
Buyers Pay More
Refers to situations where consumers end up paying a higher price for goods or services due to various factors like increased demand or decreased supply.
Tax on Sellers
A financial charge imposed by a government on sellers of goods or services, which can affect market prices and quantities.
Market Size
The total volume of a market, often measured in terms of total sales, that is available for a product or service.
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