Final answer:
The provided references do not explicitly state the damage cost limit for an EOCA class action violation; however, they point towards the significant costs businesses face with damages and compliance. Legal consultation is advised to determine the specific limit.
Step-by-step explanation:
The question relates to the Economic Opportunity Credit Act (EOCA) and class action violation damages. Specifically, it asks about the limitation on damage costs. The actual damage cost limit is not provided in the provided reference information, so we would typically refer to the EOCA itself and other legal resources to provide an accurate response. However, the information suggests a significant consideration of costs concerning damages and compliance with laws.
In context, discussing federal environmental law compliance, businesses may spend >$200 billion annually. Whether this cost is justified is often debated based on the benefits of environmental protection weighed against the economic burden on firms. Firms may also take proactive steps to reduce pollution if the cost of reduction is less than the penalties or charges for non-compliance, such as in the provided example where a $1,000 pollution charge incentivizes a firm to spend $900 on pollution reduction. The reference to car damage costs illustrates the economic impact of repair costs, which is analogous to how businesses weigh the costs of complying with or violating environmental laws.