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Court-Imposed Fines Essays

The Impact of Court-Imposed Fines on Car Manufacturers: Balancing Safety, Profit, and Reputation

In the unlikely event that courts start fining automakers more for infrequent faults that endanger customers, the dynamics of the automotive sector will change dramatically. The predicted marginal benefit of preventing accidents, the marginal cost of preventing accidents, and their effects on the frequency of product faults must be carefully examined in light of this ... Read More
Pages: 3       Words: 606
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