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High-speed ________ communication lines use fiber-optics.
Federal Mandate
A requirement or order from the federal government that state or local governments, or private parties must follow, often with accompanying funds.
Income Taxes
Taxes levied by governments on individuals or businesses based on their net income or profit.
Consumer Surplus
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.
Equilibrium Price
The price at which the quantity of goods supplied equals the quantity of goods demanded, resulting in market stability.
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