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The Occupational Safety and Health Administration (OSHA) Has Determined That

question 18

Multiple Choice

The Occupational Safety and Health Administration (OSHA) has 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 $10 million.OSHA has calculated that each person saved by this regulation has a value equal to $10 million.If benefits are exactly equal to costs, what probability is OSHA using to assess the likelihood of a fatality from exposure to this chemical?


Definitions:

Antisocial Personality

A disorder characterized by a long-term pattern of manipulating, exploiting, or violating the rights of others, without remorse.

Close Relationships

Deeply connected personal bonds characterized by affection, love, trust, and mutual respect.

Guilt

A feeling of responsibility or remorse for some offense, crime, wrong, whether real or imagined.

Remorse

A deep feeling of regret or guilt for a wrong committed, often accompanied by a desire to make amends or change one's behavior.

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