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Diagram 1
-Refer to Diagram 2 above.Shifting the aggregate supply curve to the right
Unreasonably Dangerous
Describes a product or action that poses a risk of harm to people or property that exceeds what would be anticipated by the ordinary consumer.
Warranty Disclaimers
Legal statements that negate or limit the seller's liability for certain defects or failures in the goods or services provided.
Written
Expressed or conveyed by means of letters or symbols on a surface, typically intended to ensure permanence and clarity of the communication.
Liability
A legal obligation or responsibility that may arise from contracts, torts, or statutes requiring one party to compensate another.
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