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Chapter 6
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price ceiling
a legal maximum on the price at which a good can be sold
price floor
a legal minimum on the price at which a good can be sold
tax incidence
the manner in which the burden of a tax is shared among participants in a market
Author
Ruth5151
ID
12955
Card Set
Chapter 6
Description
A.P. Economics textbook, Chapter 6 vocabulary
Updated
4/3/2010, 4:02:45 PM
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