Examlex
In XHTML, all tags must be closed, except tags that do not have end tags.
Producer Surplus
Producer surplus is the difference between what producers are willing to accept for a good or service versus what they actually receive, usually measured at points above the supply curve.
Tax
A mandatory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund various public expenditures.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service versus what they actually pay.
Deadweight Loss
An economic inefficiency arising when the balance for a product or service fails to be attained or is unattainable.
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