Examlex
Which of the following governs the ethical and moral issues arising from the development and use of information technologies, and the creation, collection, duplication, distribution, and processing of information?
Highly Elastic
Describes a situation where the demand or supply of a product changes significantly in response to changes in price.
Excise Tax
A tax on the sale or consumption of specific goods or services, such as alcohol or gasoline.
Price Elasticity
A measure of the responsiveness of the quantity demanded or supplied of a good to a change in its price.
Excise Tax
A tax levied on specific goods or services at the point of manufacture, purchase, or sale, distinct from general sales taxes.
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