Examlex
Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year.Country A has 100 workers.Suppose a worker in Country B can make either 2 iPods or 10 tablets each year.Country B has 200 workers.Suppose Country B's population of workers increased to 600.We can say:
Total Product Curve
A graphical representation showing the relationship between the total output produced and the quantity of a single input.
Intentional Tort
A wrongful act done on purpose, the perpetrator being aware of their actions aiming to cause harm or injury.
Misdemeanor
A Misdemeanor is a criminal offense that is less severe than a felony and generally punishable by fines or a jail term of less than one year.
Defense of Property
The legal justification for using reasonable force to protect one's property from being damaged or stolen.
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