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Using the market for contracts, assume that in a contract renegotiation period, the market is in a high degree of uncertainty following a turbulent recessionary

Using the market for contracts, assume that in a contract renegotiation period, the market is in a high degree of uncertainty following a turbulent recessionary economy with many unpredictable scenarios.What would we expect happen to see to contract duration in a more complex contracting environment?What would happen to which curve in the market to get this result?

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