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Why is a gesso surface needed to prepare tempera and oil paintings?
Unconsummated Transaction
A transaction that is proposed but not finalized or completed.
Tax Rate
The percentage at which an individual or corporation is taxed on earned income, investments, or properties.
Buyer Surplus
The difference between the buyer’s value (what he is willing to pay) and the price (what he has to pay).
Seller Surplus
The difference between price (what the seller is able to sell for) and the seller’s value (what she is willing to sell for).
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