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Refer to the figure below. Assume demand remains unchanged at D1. If supply shifts from S1 to S2, then the equilibrium price will ______ and the equilibrium quantity will ______.
Breach Of Contract
The failure to perform any term of a contract, written or oral, without a legitimate legal excuse, which allows the other party to seek relief or damages.
Civil Court
A court dealing with non-criminal disputes, including personal injury, breach of contract, and family law cases.
Battery Assault
An intentional act that causes harmful or offensive physical contact with another person; often used interchangeably with "battery" in legal contexts.
Question Of Law
An issue concerning the interpretation or application of the law, typically decided by a judge, as opposed to questions of fact, which are decided by a jury.
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