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Studies Have Determined That the Probability of a Worker Dying

question 103

Multiple Choice

Studies have determined that the probability of a worker dying from exposure to a hazardous chemical used in the production of diet soft drinks is 0.0005.The cost of imposing a regulation that would ban this chemical is $18 million.If each person saved has a value equal to $10 million,how many people must the policy affect for benefits to exceed costs


Definitions:

Challenge Stressor

A stressful situation or demand that, while potentially stressful, is perceived as an opportunity for learning, growth, or achievement.

Complexity

The state of having multiple interconnected parts, leading to unpredictable outcomes and challenges in understanding or management.

Demands

Specific requests or conditions put forward by individuals or groups in a negotiation or conflict situation.

Stressors

Environmental stimuli that place demands on individuals.

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