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A friend whom you are studying with for this class has drawn three sets of indifference curves.Explain what he has done wrong on each graph and what assumption of preferences is violated by each particular graph.
(a)(b)(c)
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The body of legal principles that originated from the early unwritten laws of England, forming the basis of the common law legal system.
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A directive issued by a court or judge requiring an individual or entity to perform or cease performing specific acts.
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A legal remedy requiring a party to perform a specific act, usually fulfilling contractual duties, as opposed to paying damages.
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