Fact Pattern 32-1 ​Open Pit Excavation Inc. Operates a Rock Quarry Next to Quarry

question 46

Multiple Choice

Fact Pattern 32-1
​Open Pit Excavation Inc. operates a rock quarry next to Robyn's vineyard and winery. Robyn files a suit against Open Pit, alleging that the quarry is a nuisance and unreasonably interferes with Robyn's enjoyment of her property.
-Refer to Fact Pattern 32-1. The court is most likely to award Robyn an injunction

• A) ​if letting the pollution continue is equally as harmful as stopping it.
• B) ​if letting the pollution continue is less harmful than stopping it.
• C) ​if letting the pollution continue is more harmful than stopping it.
• D) ​under no circumstances.

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Definitions:

Elastic

Elastic refers to a situation where the demand for a product or service significantly changes in response to price changes.

Inelastic

Describes a situation where the quantity demanded or supplied of a good or service is relatively unresponsive to changes in its price.

Profit-Maximizing Quantity

The level of output at which a business achieves the highest possible profit, balancing incremental costs and revenues.

Profit-Maximizing Price

The price at which a company can sell its product to achieve the highest possible profit.