Examlex
Total costs increase from $1500 to $1800 when a firm increases output from 40 to 50 units.Which of the following are true?
Express Conditions
Clearly stated stipulations in a contract that must be met for contractual obligations to be performed or for certain outcomes to take place.
Discharge
The completion, termination or nullification of a legal obligation or duty.
Obligations
Duties or responsibilities imposed by law, contract, or moral principals.
Contract
A legally enforceable agreement between two or more parties with mutual obligations.
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