Examlex
Past climate data measured with instruments extends back about
Slightly Elastic
Refers to a situation where a small change in price leads to a relatively small change in the quantity demanded or supplied.
Very Inelastic
Describes a situation where demand or supply hardly changes in response to changes in price.
Tax
A required financial imposition or alternative type of duty enforced on a taxpayer by a governing body to support government funding and assorted public expenses.
Tax
An obligatory monetary contribution or another kind of charge levied on a taxpayer by a government authority for the purpose of funding government operations and diverse public costs.
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