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An Ultrasound Test of the Thyroid Gland Used to Help

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An ultrasound test of the thyroid gland used to help determine whether a thyroid nodule is likely benign or possibly malignant is


Definitions:

Perfectly Inelastic

A situation where the demand or supply for a good or service remains unchanged regardless of changes in its price.

Excise Tax

Is a tax applied on the sale or production for sale of specific goods within a country.

Incidence

Refers to how the burden of a tax is distributed between buyers and sellers in the market.

Efficiency Loss

The loss of economic efficiency that can occur when the equilibrium for a good or service is not achievable or not achieved.

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