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Once the possible defenses to a claim have been located along with the kinds of facts needed to allege the existence of the defense, the next step is to
Opportunity Cost
The forfeit of not opting for the following most advantageous option when a decision is reached.
Good X
A placeholder term used in economics to represent a generic good or product in theoretical models and discussions.
Production Possibility Frontier
A curve depicting the maximum feasible amounts of two commodities that a society can produce with current technology and resources.
Trade-Offs
involve the balancing of factors or alternatives, where choosing one feature necessitates giving up another.
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