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Business, 23.09.2020 23:01 mazielynn84

A paper manufacturer creates industrial waste that is treated before being released into a local waterway. The EPA strictly monitors the level of this harmful waste. To maintain low levels of parts-per-million (PPM) of harmful waste requires expense on the part of the firm, and as a result they try to stay just under the allowable level. There is currently a 15% chance at each quarterly inspection that the firm will receive a $350,000 fine. How much should the firm be willing to pay on an ann

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