Examlex
-The table above shows a the total product schedule of Piece a' Pi,a producer of pizza in a nearby college town.Suppose workers are paid $12 per hour and the price per pizza is $10.The value of marginal product of the fourth worker is ________ per hour.
Lemon-Law
Consumer protection laws that provide a remedy for purchasers of cars and other consumer goods that fail to meet standards of quality and performance.
Standards of Quality
Established benchmarks that define the specific requirements, specifications, and guidelines to ensure that materials, products, processes, and services are fit for their purpose.
Remedy
A legal means to enforce a right or redress a wrong, such as damages, injunction, or specific performance.
Implied Warranty
A legal assurance, not expressly stated, that a product or service will meet certain quality and performance standards.
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