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What is the range of optimality

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Reference no: EM132183177

1. What is the range of optimality? How does the range of optimality impact sensitivity analysis?

2. What is your opinion of companies like BP, who environmental crimes? Are the fines and penalties only a small cost for doing business? What can or should be done to companies like BP?

3. Describe the differences between nominal, compensatory, hedonic, and punitive damages. Try to come up with some examples to further show your understanding.

Reference no: EM132183177

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