Which of the Following Approaches to Health and Safety at the Workplace

question 51

Multiple Choice

Which of the following approaches to health and safety at the workplace can be considered paternalistic decision making which treats employees like children and makes crucial decisions for them?

• A)Government-regulated ethics approach
• B)Diversifiable risk approach
• C)Acceptable level of risk approach
• D)Market controlled approach

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Definitions:

Utility Function

A mathematical representation showing how different combinations of goods or services create levels of happiness or satisfaction for a consumer.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, meaning they have no preference for one combination over another, all else being equal.

Apples

While commonly known as a fruit, in economics, "apples" could metaphorically refer to any basic commodity used in comparative analysis.

Bananas

A tropical, edible fruit, curved in shape and rich in potassium, produced by various types of large herbaceous flowering plants.