The Question of Whether or Not Parents Should Be Held

question 8

Essay

The question of whether or not parents should be held responsible for damages for negligence in parenting their children who commit crimes and torts raises the negligence issue of causation called ________________ .

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Definitions:

Equilibrium Price

The equilibrium price where the supply of goods meets the demand for those goods in the marketplace.

Equilibrium Quantity

The quantity of goods or services supplied that is equal to the quantity demanded at the market price.

Simultaneous Decrease

A situation where two or more economic variables or quantities decline at the same time.

Demand Curve

The Demand Curve is a graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers, typically downward sloping.