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In a bailment of common carriage,where the bailor proves that the goods were given to the bailee in good condition but were returned damaged,the bailee will be held liable unless it can show that the damage was caused by
Long Run
A period of time in economics in which all factors of production and costs are variable, allowing all inputs to be adjusted.
Output
The total amount of goods or services produced by a company, industry, or economy within a specified period.
Total Cost
The complete cost of production, including both fixed and variable costs, incurred by a firm in producing and selling a quantity of a good or service.
Variable Cost
Expenses that vary in relation to the amount of products or services a company generates.
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