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Anyone Who Has Ever Owned or Operated a Site on Which

question 6

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Anyone who has ever owned or operated a site on which hazardous wastes are found,or who has transported wastes to the site,or who has arranged for the disposal of wastes that were released at the site,is liable for cleanup.


Definitions:

Marginal Cost Curve

A graph showing the change in total production cost that comes from making or producing one additional unit.

Competitive Firm

A company operating in a market where it has little to no market power, and thus sets its prices based on the market conditions.

Variable Factors

In economics, these are inputs or resources whose quantity can be changed in the short term to adjust the level of output.

Warehouse Space

The area available in a warehouse for the storage of goods, products, or materials.

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