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Fact Pattern 2-1
Yoshi, a Japanese citizen working in Atlanta for his Tokyo firm, decided to rent an airplane and fly himself to the Annual Catfish and Zydeco festival in Thibodaux, Louisiana. He rented a small plane to fly there. Over Alabama, thunderstorms formed. Because Yoshi was not trained to fly by instruments, he decided to land at the next airport.
As he searched for a runway, Yoshi heard a loud clank followed by silence as the engine died. He tried to land in a field but crashed. While recovering in a rehabilitation center in California, Yoshi filed suit there against the Atlanta Airport and the owners of the airplane, alleging that they were negligent in their maintenance.
-Refer to Fact Pattern 2-1. Yoshi sues defendants $5 million. The defendants may ask the California court to use its:
LCD Televisions
A type of television that utilizes Liquid Crystal Display technology to project images, known for their slim profiles and energy efficiency.
Decreasing-cost Industry
An industry where average costs of production decrease as the industry grows, often due to economies of scale.
Demand Curve
An economic representation that illustrates the quantity of a good that consumers are willing and able to buy at various prices, typically downward sloping from left to right.
Productive Efficiency
A state where goods are produced at the lowest possible cost, utilizing resources effectively without waste.
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