Examlex
The amount of cash received on the sale of the company's stock in excess of par value is called retained earnings.
Consumer Surplus
Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.
Specific Tariff
A type of tax levied on imports that is based on a specific amount of money per unit of the good imported, rather than on its value.
World Price
The global market price of a product, influenced by worldwide conditions of supply and demand.
World Price
The worldwide market value of a good or service, shaped by international demand and supply forces.
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