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The ocean was mostly in place by 4 billion years ago.
Polluting Firms
Companies that release pollutants into the environment as a byproduct of their activities, often subject to regulation and mitigation measures.
Excise Tax
A tax levied on specific goods or services, such as tobacco, alcohol, or gasoline, at the point of manufacture or distribution.
Price Elasticity
A measure of how much the demand or supply of a product changes in response to a change in its price.
Incidence
The allocation or impact of an economic activity or policy, especially in terms of who bears the cost or receives the benefits.
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