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Tax
Mandatory financial charge imposed by a government on individuals, companies, or transactions to fund public expenditures.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service and what they actually pay, indicating economic benefit.
Tax
Compulsory financial charges or other types of levies imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
Producer Surplus
The difference between what producers are willing to accept for a good or service and the higher price they actually receive, representing the benefit to producers.
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