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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?
Pretrial Phase
The stage in a legal proceeding before a trial, involving discovery, motions, and other procedures to prepare for the case.
Judgment Of Default
A court judgment in the favor of the plaintiff when the defendant fails to respond or appear in court.
Respond
To reply or give an answer to a question, request, or situation.
E-Mail Order
A request or order for goods or services placed through electronic mail.
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