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Evaluate the integral.
Market Demand
The complete sum of a product or service that consumers in a market are willing and can purchase at various price points.
Market Supply
The total quantity of a good or service that sellers are willing and able to sell at various prices within a certain period.
Per-Unit Tax
A tax that is levied on a product based on a fixed amount per unit, affecting the supply curve by elevating production costs.
Tax Burden
The measure of the total amount of taxes imposed by a government on individuals, businesses, and other entities, often expressed as a percentage of GDP.
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