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The price of X is $20 and the price of Y is $40.
-According to the following graph,what is Y1? The consumer's income is $1,200.
Tortious Conduct
Behavior that causes injury or harm to another, making the actor liable to civil legal action.
Reasonable Care
A legal standard that requires individuals to act with the caution and prudence that a reasonable person would use in similar circumstances, to prevent harm to others.
Liable
Being legally responsible or obligated to face the consequences of one's actions, typically in a civil lawsuit.
Res Ipsa Loquitur
A legal doctrine that infers negligence from the very nature of an accident or injury, in the absence of direct evidence of the defendant's fault.
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