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Use this fact situation to answer the related questions that follow. John was recently fired from a large company located in Toronto,Ontario,which does business over the Internet.After being fired,John moved to New York City,U.S.A. ,and then set up a blog in which he maligned his former employer and its business practices.When the company read the blog,it decided to sue John and the Internet Service provider (ISP) over which John's blog was carried.
In this case,the company will probably succeed against John in an action for
Per Capita Income
The average income earned per person in a given area or country, calculated by dividing the total income by the population size.
Revealed Preferences
is an economic theory that infers consumers' preferences based on their purchasing habits, assuming that their choices reveal their preference structure.
Francs
A currency that was previously used in countries like France, Switzerland, Belgium, and Luxembourg, with some forms still in use today in a limited capacity.
Consumption
The use of goods and services by households or the economy, often seen as a primary indicator of economic health.
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