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If Mining Companies Are Able to Shift Some of Their

question 2

True/False

If mining companies are able to shift some of their production costs to outside parties, the actual output is likely to fall short of the social optimum.


Definitions:

Restatement (Second)

A collection of model legal principles designed to clarify, modernize, and otherwise improve American common law, particularly in contracts and torts.

Intoxication

A state of being under the influence of drugs or alcohol, affecting cognitive and physical functions.

Legal Age

The age at which an individual is recognized by law as being capable of entering into a legally binding contract, among other adult responsibilities and rights.

Capacity to Enter

The legal ability of a person to enter into a binding contract, typically requiring them to be of a certain age and sound mind.

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