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The demand functions for two products are given by
Where p1 and p2 are in dollars and q1 and q2 are numbers of units.
Find the demand for each of the products if the price of the first is and the price of the second is
.
Bilateral Contract
A contract type involving two parties where each promises to perform an act in exchange for the other party's act.
Perfect Tender Rule
A principle in sales law that allows buyers to reject goods if they fail to meet every aspect of the contractual terms.
Material Breach
A significant violation or failure to perform one's duties under a contract, justifying termination by the other party.
Anti-Racism
An active and proactive stance against all forms of racism, promoting policies, actions, and attitudes that challenge racial prejudice and inequality.
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