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Find the point on the graph of the function that is closest to the point
. Round all numerical values in your answer to four decimal places.
Consequential Damages
These refer to indirect losses that result from a breach of contract, which were foreseeable and a direct consequence of the breach, such as lost profits or revenue.
Nominal Damages
Damages that are recoverable when a legal right is to be vindicated against an invasion that has produced no actual present loss.
Economic Loss
Financial damage that a person or entity suffers, which may include lost profits, costs of repair or replacement, and loss of use or opportunity.
Consequential Damages
Damages that are not a direct result of an act but are a secondary consequence, such as loss of future income.
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