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At Hillary's current level of consumption, /
= 18 and
/
= 15.Hillary can increase her utility by increasing her consumption of good X and reducing her consumption of good Y.
American Legal System
The judiciary framework of the United States, including federal and state courts, which interprets and applies the law.
Formation of Law
The process through which legal rules and standards are created, implemented, and enforced in a society.
Stare Decisis
The legal principle of determining points in litigation according to precedent or previous judicial decisions.
Common Law
A body of legal precedents derived from judicial decisions, as opposed to statutes or constitutions.
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