Examlex
An organization's core workforce is composed of workers who are used on an as-needed, just-in-time basis.
Excise Tax
A tax levied on specific goods, services, or transactions, often imposed on items such as alcohol, tobacco, and gasoline.
Price-Elastic Demand
The characteristic of demand for a good indicating that a change in price results in a relatively larger change in the quantity demanded.
Excise Tax
A tax on the sale or use of specific products or transactions, typically integrated directly into the cost of the good.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good, often influenced by the availability of substitutes.
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