Examlex
What term refers to the failure to control the bladder once the "normal" age for bladder control has been achieved?
Deadweight Loss
It represents the loss of economic efficiency when the equilibrium for a good or a service is not achieved or is not achievable.
Excise Tax
A tax directly levied on certain goods, services, or activities, such as tobacco, alcohol, or fuel, usually to discourage their use or generate revenue.
Short Run
A period during which at least one input (e.g., plant size, technology) is fixed, and firms can adjust only the variable inputs (e.g., labor).
Excise Tax
A tax imposed on specific goods, services, or activities, often included in the price of items like gasoline, alcohol, and tobacco.
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