11.4.3.5 Lost Profits - Price Erosion / Cost Increases

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Multi-State
Control #:
US-JURY-7THCIR-11-4-3-5
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Word
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Official Pattern Jury Instructions adopted by Federal 7th Circuit Court. All converted to Word format. Please see the official site for addional information. www.ca7.uscourts.gov/pattern-jury-instructions/pattern-jury.htm 11.4.3.5 Lost Profits — Price Erosion / Cost Increases refers to a type of economic loss that results from a change in market conditions that leads to a decrease in the price of a good or service or an increase in the cost of production. This type of loss is often the result of a competitive market or a natural disaster. The two types of 11.4.3.5 Lost Profits — Price Erosion / Cost Increases are: 1. Price Erosion: This occurs when the price of a good or service decreases due to competition or changes in the market. This can lead to a reduced profit margin for the producer or seller. 2. Cost Increases: This occurs when the cost of producing a good or service increases. This can be due to changes in the cost of materials, labor, or other inputs. This can lead to a reduced profit margin for the producer or seller.

11.4.3.5 Lost Profits — Price Erosion / Cost Increases refers to a type of economic loss that results from a change in market conditions that leads to a decrease in the price of a good or service or an increase in the cost of production. This type of loss is often the result of a competitive market or a natural disaster. The two types of 11.4.3.5 Lost Profits — Price Erosion / Cost Increases are: 1. Price Erosion: This occurs when the price of a good or service decreases due to competition or changes in the market. This can lead to a reduced profit margin for the producer or seller. 2. Cost Increases: This occurs when the cost of producing a good or service increases. This can be due to changes in the cost of materials, labor, or other inputs. This can lead to a reduced profit margin for the producer or seller.

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11.4.3.5 Lost Profits - Price Erosion / Cost Increases