If Actions to Reduce the Expected Cost of an Accident

question 166

Multiple Choice

If actions to reduce the expected cost of an accident are equally effective and managers authorize the least expensive actions first, the marginal cost of additional actions_______ .

• A)increases
• B)is zero
• C)decreases
• D)is constant

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Definitions:

Independent Labor Unions

Unions that operate independently of existing labor federations or national labor organizations, often focusing on specific workplace issues or industries.

ACFTU

The All-China Federation of Trade Unions, the national trade union organization in the People's Republic of China, serving as the umbrella organization for all Chinese trade unions.

Freedom of Association

The right of individuals to form and join groups of their own choosing, including the right to form or join labor unions.

Labor Legislation

Laws and regulations established to govern the rights and obligations of workers, employers, and unions, including standards for wages, hours, and working conditions.