In Alberta, Which of the Following Bodies Regulate Occupational Health

question 62

Multiple Choice

In Alberta, which of the following bodies regulate occupational health and safety?

• A) the Alberta provincial government only
• B) the federal and Alberta governments
• C) the federal government only
• D) the governments of Canada and all the provinces, including Alberta

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Definitions:

Marginal Product

The additional output gained by employing one more unit of a given input.

Resource Maximization

It is the technique or strategy of optimally utilizing resources to achieve the highest possible output or efficiency.

Least-costly Combination

A perfect combination of resources that lowers the production cost while reaching a target output level.

Profits

Financial gains realized when the revenues from business activities exceed the expenses, costs, and taxes needed to sustain the operation.