Examlex
What two items complicate index construction?
Supply Curve
A graphical representation showing the relationship between the price of a good and the quantity of the good that producers are willing to supply.
Tax
A compulsory financial charge or other levy imposed by a government to fund public expenditures.
Demand Function
A mathematical representation showing the relationship between the quantity demanded of a good and its price, along with other factors affecting demand.
Supply Function
Represents the relationship between the quantity of a good that producers are willing to sell and the price of the good.
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