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Excise Tax
A tax levied on specific goods, services, or transactions, often with the aim of reducing their consumption or generating revenue.
Buyers
Individuals or entities that purchase goods or services for personal use, resale, or to add value in a production process.
Sellers
Persons or organizations that provide products or services to be purchased in the marketplace.
Price Ceiling
A maximum price sellers are allowed to charge for a good or service; a form of price control.
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