Examlex
Once it has paid out on the loss, an insurance company can step into the shoes of the insured and pursue a claim against the person who caused the loss.
Demand
The amount of a good or service that consumers are willing and able to buy at a given price over a specified period.
Cross-Price Elasticity
A measure of how the demand for one product changes in response to a price change of another product.
Cereal
Grasses cultivated for the edible components of their grain, consisting of the endosperm, germ, and bran; also a common breakfast food made from processed grain.
Milk
A nutrient-rich liquid food produced by the mammary glands of mammals, commonly consumed by humans and used in a variety of dairy products.
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