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Per-apple Tax
A tax imposed on each unit of apple sold, typically used as an example to explain tax effects on goods.
Imported Apples
Apples imported into a country from overseas for the purpose of being sold.
United States
A country in North America consisting of 50 states and a federal district, known for its large economy and diverse population.
Market Equilibrium Price
This is the price at which the quantity of a good supplied equals the quantity demanded, balancing out the market forces of supply and demand.
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