Happy Fun Questions not required, but fun! 000. U.S. legislation requires that landfills that accept toxic waste carry insurance against damages that would be caused if that waste leaks out of the landfill and causes some damage. The result is that a large insurance company is essentially on the hook for any damage resulting from the landfill. A. Explain how this leads to very close monitoring of operations at the landfill. B. How does the level of monitoring and the resulting level of caution at the landfill change if the insurance company, in the interest of risk management, shares its landfill risk exposure with many other large insurance companies? Explain why. 00. The manufacture of one unit of a toxic substance costs $100. Proper disposal of a unit of this substance costs $200, but the substance may be disposed of improperly, but in a way that the disposer cannot be identified, at a cost of $20 per unit. What is the range of possible values for a subsidy for proper disposal that will encourage proper disposal