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Technological progress shifts the long-run aggregate supply curve to the right.
Lost Future Sales
Revenue that a business could have earned from sales but is unable to due to disruptions, competition, or other factors.
UCC Exception
A specific deviation from the Uniform Commercial Code, allowing for different applications of law in certain cases.
Federal Consumer Protection Laws
Legislation enacted by the federal government aimed at ensuring consumer rights are upheld, preventing fraud, deception, and unfair business practices.
Lemon Laws
are state laws in the United States designed to protect consumers from buying or leasing defective vehicles that cannot be repaired satisfactorily.
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