Examlex
Taxes and government regulations are part of the environment of business.
Total Cost
The sum of fixed and variable costs incurred by a firm in producing a certain level of output.
Pollution Reduction
Efforts or strategies aimed at decreasing the amount of pollutants released into the environment.
Government Caps
Limits set by the government on the amount of a commodity or service that can be produced, sold, or used.
Pollution Permits
Licenses issued by governments that allow the holder to emit a certain amount of pollutants over a given time period.
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