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Mike and Monica are against the war in Iraq. They have attended protests, written letters to the government, and staged mock funerals to voice their opinion. Feeling that their efforts are going unnoticed, Mike and Monica go to Scott Air Force Base and set the defense materials on fire. What crime has Mike and Monica committed? What is the legal definition of this crime? If you were the defense attorney, what would you argue for the defense of Mike and Monica?
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in its price; high elasticity indicates a significant response, while low elasticity indicates little to no response.
Dairy Farmers
Individuals or businesses involved in the production of milk and possibly other dairy products from animals such as cows or goats.
Milk Production
The process of producing milk, mainly from dairy cows, for human consumption.
Price Elasticity
Quantifying the relationship between price changes and demand response for a product.
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