Examlex
A firm that has declining marginal output would be experiencing _________.
Express
Directly stated, explicit, or clearly defined.
Implied
Not explicitly stated but understood from the circumstances or context of an agreement or action.
Implied Bailment
A bailment formed without explicit agreement, inferred from the actions or circumstances of the parties involved.
Plaintiff
The person or party who initiates a lawsuit (an action) before a court by filing a complaint with the clerk of the court against the defendant(s). Also known as claimant or complainant.
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