Examlex
Please define the following key terms. Show Who? What? Where? When? Why Important?
-Martin Heidegger
Quota Rent
Revenue earned by the holder of a production or import quota, representing the market price minus the supply price under the quota limit.
Missed Opportunity
The failure to seize potential benefits due to lack of action or decision in a timely manner.
Government Quota
A limit set by a government on the amount or value of a good that can be imported or exported over a specified period.
Supply Price
The price of a given quantity at which producers will supply that quantity.
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