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A is a motion requesting that certain evidence, such as prejudicial, irrelevant, or legally inadmissible evidence, not be brought out during trial.
Pure Exchange Economy
An economic model where no production occurs and individuals or entities trade pre-existing goods and services among each other.
Walras's Law
A principle in general equilibrium theory stating that if all markets but one are in equilibrium, then the remaining market must also be in equilibrium.
Cobb-Douglas Utility Functions
A particular form of utility function used in economics that represents preferences over two goods, characterized by their constant elasticity of substitution.
Pareto Optimal
A distribution state of resources where no adjustment can be made to better the position of any individual or evaluation criterion without negatively affecting another.
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