Penalties for Violating OSHA Range from $0 to $70,000 Per

question 63

Multiple Choice

Penalties for violating OSHA range from $0 to $70,000 per violation, depending on the likelihood that ________.

• A) the violation would lead to death of an employee.
• B) the violation would lead to serious injury to an employee.
• C) the violation would lead to serious injury to any individual.
• D) the violation would lead to death of any individual.
• E) the employer can pay.

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity demanded for a given period, typically demonstrating an inverse relationship.

Substitutes

Goods or services that can be used in place of each other, where an increase in the price of one may lead to an increase in demand for the other.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing and able to purchase at different prices.

Substitute Good

A product or service that can be used in place of another to satisfy consumer needs or desires.