Solved

Studies Have Determined That 100 Workers Are Exposed to a Hazardous

Question 54

Multiple Choice

Studies have determined that 100 workers are exposed to a hazardous chemical used in the production of diet soft drinks.The cost of imposing a regulation that would ban this chemical is $5 million.Each person saved by this regulation has a value equal to $5 million.If benefits are exactly equal to costs,what probability is used to assess the likelihood of a fatality from exposure to this chemical


A) 0.001
B) 0.01
C) 0.1
D) 1.0

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions