Examlex
An employer is responsible for only those torts committed by an employee that take place while the employee is doing what he is employed to do.
Consumer Awareness
The understanding and knowledge that consumers have about products, services, and their rights, influencing their purchasing decisions and behaviors.
Demand
The capacity of consumers to purchase a good or service, considering their willingness and financial ability, at diverse prices over an established period.
Economic Inefficiencies
Circumstances where resources are not optimally allocated, leading to waste or losses in potential value within an economy.
Product Variety
The assortment of different goods or services offered by a firm or market to cater to diverse consumer preferences.
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