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Tax Per Unit
A fixed amount of tax applied to a product or service, based on the quantity sold, rather than the value.
Tax Incidence
The study of who ultimately pays for and bears the cost of taxation, whether it be consumers, producers, or others.
Tax Incidence
The analysis of the effect of a particular tax on the distribution of economic welfare among entities like consumers, producers, and the government.
Supply Curve
A graph showing the relationship between the quantity of goods that producers are willing to sell and the price of those goods.
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