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O'Sullivan & Hilliard's The Law of Contract (2018 8 ed). 16.23 starts on p. 387, 16.35 on p. 391.

Right: Pindyck, Rubinfeld. Microeconomics, Global Edition (2017 9 ed). p. 152.

I'm not a microeconomist, but these terms appear to be defined wholly differently? Or am I overlooking something similar that underlies them?

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