Examlex
The ________ point in a pregnancy-that is, the age at which an infant could survive outside of its mother's womb-is about 25 weeks.
Excise Tax
A tax imposed on the sale of specific goods and services, such as fuel, tobacco, and alcohol.
Burden
The negative impact, stress, or obligation imposed by a situation, decision, or policy.
Efficiency Loss
The decrease in economic efficiency resulting from the inability to reach or achieve the equilibrium for a product or service.
Sacrificed Output
The production or output that is given up as a consequence of choosing one option over another, often discussed in opportunity cost analysis.
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