Examlex
In the product market, changes in technology affect the marginal ________ of a unit of output. In the labor market, changes in technology affect the marginal ________ of a unit of labor input.
Contract
A contractual accord enforceable by law, specifying duties and entitlements among two or more involved entities.
Tort Law
A body of law that addresses and provides remedies for civil wrongs not arising out of contractual obligations.
Perilous Situations
Circumstances that present significant risk or danger to safety or well-being.
General Duty
An obligation or requirement that one must adhere to in a specific role or context, often implying a standard level of care or responsibility.
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