Multiple Choice
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 $32 million. If the value of a human life is equal to $10 million, how many people must the policy affect in order for the benefits to exceed the costs?
A) 256
B) 401
C) 3201
D) 4001
Correct Answer:
Verified
Correct Answer:
Verified
Q50: One possible solution to the problem of
Q53: A rather large city has only one
Q71: A traffic light at an intersection is<br>A)rival
Q77: Some advocates of antipoverty programs claim that
Q79: Figure 11-1<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 11-1
Q147: Table 11-4<br>There are four homes along Belmont
Q149: If one person's use of a good
Q154: A common theme among examples of market
Q155: Table 11-2<br>Consider a small town with only
Q166: Which two types of goods are rival