Sawyer and four others formed A & E Salvage and began a project of recovering salvage materials from the site of the former Liberty Fibers rayon plant. The site consisted of 300 acres, multiple buildings, and extensive ground piping. As A & E removed the salvage materials, it discovered that many of the pipes and buildings contained RACM, a toxic substance. In the removal process, RACM was not treated or removed properly according to statutory requirements. The federal government stepped in and cleaned up the RACM from the property and sought reimbursement from liable parties. Who is liable for the clean-up costs?

According to which act will be the person punished

Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.

3. saving two consumers, larry and jeff, have utility functions defined over the two periods of their lives: middle age (period zero) and retirement (period 1). they have the same income in period 0 of m dollars and they will not earn income in period 1. the interest rate they face is r. larry’s and jeff’s utility functions are as follow. = 0.5 + 0.5 and = 0.5 + 0.5 for each person is between zero and one and represents each consumer’s temporal discount econ 340: intermediate microeconomics. ben van kammen: purdue university. rate. a. write the budget constraint that applies to both jeff and larry in terms of consumption in each period and ), interest rate, and m. b. what is larry’s and what is jeff’s marginal rate of intertemporal substitution? c. what is the slope of the budget constraint? d. write each consumer’s condition for lifetime utility maximization. e. re-arrange the conditions from part (d) to solve for the ratio, . f. if > which consumer will save more of his middle age income? g. if > 1 1+ , in which period will larry consume more: = 0 or = 1?