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In which of the following instances will the effect on equilibrium price be dependent on the magnitude of the shifts in supply and demand?
Genetically Manipulate
Genetically manipulate involves altering the genetic material of an organism in a laboratory setting to change its characteristics or functions.
Toxic Substances
Chemical compounds that can cause harm or damage to living organisms, the environment, or materials.
Unreasonable Risk
A hazard or danger that surpasses what is considered acceptable or safe under the circumstances.
National Priority List
A list in the United States under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) identifying hazardous waste sites eligible for long-term remedial action financed under the federal Superfund program.
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