A manufacturer of electric scooters is found legally liable for injuries caused by a defect in their product's braking system and is ordered by a court to pay damages to the affected customers. From an economic standpoint, what is the primary effect of this legal liability?
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A manufacturer of electric scooters is found legally liable for injuries caused by a defect in their product's braking system and is ordered by a court to pay damages to the affected customers. From an economic standpoint, what is the primary effect of this legal liability?
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