Examlex
Suppose the price elasticity of demand for methamphetamine is -0.35.If decriminalization caused the price of methamphetamine to fall by 75 percent, what will be the percentage increase in the quantity of methamphetamine demanded? If the price elasticity is -3.5, what will be the percentage increase in quantity demanded?
Prejudicial Instructions
Directions given by a judge to a jury that are biased or could unduly influence the jury's decision, potentially affecting the fairness of the verdict.
Excessive Damages
Awards in litigation that surpass what is considered reasonable or necessary, often subject to judicial correction.
Jury Charge
The instructions given by a judge to the jury regarding the laws pertinent to the case they must consider in making their decision.
Closing Arguments
The final statements made by attorneys in a trial to summarize the case and persuade the jury or judge to support their position.
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