Examlex
To be actionable as fraud,the misrepresentation must be the sole factor in inducing the innocent party to enter into the contract.
Total Product Curve
A graphical representation showing how the total output of a firm changes as the amount of a single input is increased, holding other inputs constant.
Marginal Product
The additional output generated by increasing one unit of a specific input, keeping other inputs constant.
Labor
The human effort, both physical and mental, used in the production of goods and services.
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