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Management Studies

Question: If most litigation is a costly form of redistribution, then public policy should discourage it for the sake of economic efficiency. Compare the efficiency of the following restrictions on the market for legal services:

(a) low damages awarded as compensation for injuries;

(b) high fees charged by the court for the filing of a legal complaint;

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Marketing Management, Management Studies

Category:- Marketing Management
Reference No.:- M92747267

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