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Equilibrium Price
The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, leading to market stability.
Tax
A compulsory financial charge or other levy imposed on an individual or a legal entity by a governmental organization.
Market
A venue for the exchange of goods, services, or information between buyers and sellers, which may be physical or virtual.
Equilibrium Price
The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers.
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