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Why do supply curves tend to be more elastic over time?
Contract Validity
The legal enforceability of a contract, requiring it to meet certain established criteria like mutual consent, consideration, and legality of purpose.
Geographical Restriction
Limitations placed upon the area or region in which a business can operate or where products and services can be sold.
Restraint of Trade
Legal agreements or policies that restrict or limit competition or the freedom to conduct business in a certain market.
Enforceability
The ability of a legal document or agreement to be upheld or compelled in a court of law.
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