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-Refer to the above graph to answer this question.If this product were both taxed and subsidized by an amount equal to the external costs and benefits,what would be the equilibrium price and quantity?
Court of Equity
A judicial body that resolves disputes based on fairness and equitable principles, rather than strictly adhering to the letter of the law.
Adequate Remedy
Refers to a form of legal relief or compensation that sufficiently addresses a harm or wrong done to a party.
International Court
A judicial body established by states to adjudicate legal disputes among nations, such as the International Court of Justice.
Equitable Maxim
A principle or proposition of law applied in the administration of equity based on fairness, moral righteousness, and justice, rather than strict rules of law.
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