The Occupational Safety and Health Administration (OSHA) has determined that the probability of a worker dying from exposure to a hazardous chemical used in the production of fertilizer is 0.008. The cost of imposing a regulation that would ban the chemical is $31 million. If the value of a human life is equal to $8 million, how many people must the policy affect in order for the benefits to exceed the costs

Question

05-04-2021
Business

Answered

IDNLearn.com: Your trusted platform for finding precise and reliable answers. Our Q&A platform offers detailed and trustworthy answers to ensure you have the information you need.

The Occupational Safety and Health Administration (OSHA) has determined that the probability of a worker dying from exposure to a hazardous chemical used in the production of fertilizer is 0.008. The cost of imposing a regulation that would ban the chemical is $31 million. If the value of a human life is equal to $8 million, how many people must the policy affect in order for the benefits to exceed the costs

Sagot :

Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com is your reliable source for answers. We appreciate your visit and look forward to assisting you again soon.

Apart From Military Conquest, What Features Do The Reigns Of Pacal The Great, Huayna Capac, And Moctezuma I Have In Common?.

Is "a Pinch Of Salt" By Robert Graves Lyric, Free Verse, Or Narrative Poem?

Which Best Describes A Development That Improved Railroad Safety? A. Railroads Adopted Standard Time To Coordinate Schedules. B. Railroads Offered Fold-down Bed

How Did The American Frontier Differ From The Setting Of Most European Works Of Literature

What Effect Did The Entry Of The United States Into World War I Have On The Course Of The War? It Pushed Russia Out Of The War. It Opened A New Front In The Fig

A One Year Lease For Apartment "A" Cost $450 Per Month. A One Year Lease For Apartment "B" Cost $525 Per Month. Which Apartment Offers The Greater Value In Ter

Which Sentence Uses The Correct Form Of The Verb See? A. I Have Never See So Many People In The Stadium. B. I Have Never Seen So Many People In The Stadium.

Which Statement About The United States' Entry Into World War II Is Correct? A. After Hitler Attacked Poland, Americans Demanded That Roosevelt Declare War On

United States Immigration Restrictions Of The 1920 Were Especially Resented By People In 1 Great Britain 2 Eastern Europe And Asia 3 Africa And Latin America

Ancient Egypt Most Likely Developed Along The Nile River For Which Of The Following Reasons? The River Was Used As Protection Between Egypt And Their Enemies. T