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What is an alibi defense, and if used by a defendant, what rules of evidence must be followed?
Utility
A measure of the satisfaction, usefulness, or value that a consumer receives from consuming a product or service.
Subjective Benefit
The personal value or advantage gained by an individual from a product or service, which varies from person to person.
Course of Action
A plan or strategy intended to accomplish a specific goal or resolve a problem.
Opportunity Cost
The act of abandoning potential benefits available in other choices upon selecting a specific alternative.
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