Economics analysis of iability standard-product-related harm, Microeconomics

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Economics analysis of iability standard-product-related harm

Some scholars discern a trend in modern products-liability law toward "absolute" liability or what is sometimes called "enterprise" liability. Under that theory, manufacturers would be held liable for almost every injury resulting from the use of their products. Give an economics analysis of that liability standard for product-related harms.

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Microeconomics: Economics analysis of iability standard-product-related harm

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