Examlex
Minerals are ______.
Inelastic Supply
An instance in which a good's supplied amount remains largely unaffected by variations in its price.
Price Elastic
The responsiveness of the quantity demanded or supplied of a good to a change in its price.
Tax Imposition
The act of levying taxes on individuals, corporations, or goods and services, typically by government authorities to generate revenue.
Tax Burden
The financial charge or amount of taxation imposed on an individual, corporation or other entities, representing a significant part of their income or revenue.
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