Examlex
Accountants use only costs in their computations of short-run total cost.
A.Opportunity
B.implicit
C.explicit
D.variable
Ordinary Consumer
A term used to refer to an average person who buys goods and services for personal use.
Strict Product Liability
holds manufacturers, distributors, and sellers liable for damages caused by defects in their products, regardless of negligence or fault.
Plaintiff
An individual or entity that initiates a lawsuit or legal action against another party, known as the defendant.
Defective
Pertains to a flaw or deficiency in a product that makes it unsafe or unfit for its intended use.
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