Appellate Courts Do Not Retry the Evidence; Instead, They Determine

question 19

True/False

Appellate courts do not retry the evidence; instead, they determine whether the trial was conducted in a procedurally correct and fair manner.

---

Definitions:

Average Fixed Cost

Production costs that stay unchanged with output levels, split by the amount of produced output.

Total Revenue

The cumulative revenue a business earns from its sales or service provisions in a given timeframe.

Total Cost

The aggregate cost of all inputs used in the production of goods or services, including fixed and variable costs.

Purely Competitive Seller

A seller in a market where there are many sellers and buyers, the product is standardized, and no single seller can influence the market price.