Examlex
Customers going through the drive-thru at Starbucks were being watched to see how long they look at the menu before ordering. They are unaware that they are being observed. This type of observation is referred to as _____ observation.
Tax on Buyers
is a tax that is directly levied on consumers when they purchase goods or services, effectively increasing the purchase price.
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded by consumers, typically downward sloping to the right indicating an inverse relationship.
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.
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