The Major Source of Occupational Safety and Health Administration (OSHA)

question 21

Multiple Choice

The major source of Occupational Safety and Health Administration (OSHA) standards is the:

• A)federal government.
• B)National Institute for Occupational Safety and Health (NIOSH).
• C)American Medical Association (AMA).
• D)state government.

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Definitions:

Utility

A measure of satisfaction or happiness that consumers receive from consuming goods or services.

Income

The money that an individual or business receives in exchange for providing a good or service or through investing capital.

Risk-neutral

Refers to individuals or entities that are indifferent between choices with varying levels of risk, focusing solely on the possible outcomes' expected values.

Risk-loving

A preference or inclination for taking on risks where the potential for gains outweighs the potential losses, as opposed to risk-aversion.