Suppose You Are Part of an Economic Analysis Team Charged $\ge$

question 44

Essay

Suppose you are part of an economic analysis team charged with recommending a policy response to pesticide risks. Your team decides to use risk-benefit analysis as its risk management strategy.
a. On the risk side of the analysis, your team reviews the following data from the risk assessment process. Interpret each of these quantitative findings about pesticide risk, by stating precisely what the numerical value(s) mean or imply in each case. Be specific.
(i) Pesticide W: Reference Dose (RfD) = 0.005
(ii) Pesticide X: threshold level of 0 for infants and children
(iii) Pesticide Y: carcinogenic risk of 0.0075 percent
(iv) Pesticide Z: a dose (D)-response (R) function modeled as R = 0 for all D < 0.6, R = - 0.3 + 0.5D for all D $\ge$ 0.6.
b. On the benefit side of the analysis, briefly describe two distinct benefits to society that are relevant to a risk-benefit analysis of pesticides.

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Definitions:

Societal Attitudes

The prevailing sentiments, beliefs, or viewpoints held by a community or society towards various topics or groups, which can influence social norms and policies.

Interracial Marriage Prohibition

Laws or social norms that historically banned or discouraged marriages between individuals of different racial or ethnic groups.

Alabama

Alabama is a state located in the southeastern region of the United States, known for its rich history in the civil rights movement and significant cultural contributions.

State Constitution

A document that outlines the fundamental principles, structures, and processes of a state's government and legal system.