Consumer-financed
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Consumer-financed is paid for by consumers. In the context of testing, in this form the test laboratory derives its income by publishing its test results, usually in a monthly journal plus an annual summary.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Consumer-financed. Paid for by consumers. In the context of testing, in this form the test laboratory derives its income by publishing its test results, usually in a monthly journal plus an annual summary.
