Examlex
Highest Price
the maximum price at which a good or service is sold in the market or the highest price a buyer is willing to pay.
Unconsummated Transaction
A transaction that is proposed but not finalized or completed.
Tax Rate
The percentage at which an individual or corporation is taxed on earned income, investments, or properties.
Buyer Surplus
The difference between the buyer’s value (what he is willing to pay) and the price (what he has to pay).
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