Examlex
Canada has the highest overnutrition rate in the world.
Consumer Surplus
The gap between what a consumer is prepared to spend on a good or service and the price they actually end up paying.
Market Equilibrium
A condition or state in an economy where supply and demand are equal, leading to stable prices and quantities.
Units Bought
The quantity of a product that consumers purchase at a given price.
Tax Imposed
A financial charge or other levy instituted by a government on an individual or an entity to raise revenue for public purposes.
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