The Occupational Safety and Health Administration (OSHA) Has Determined That

question 150

Multiple Choice

The Occupational Safety and Health Administration (OSHA) has determined that the probability of a worker dying from exposure to a hazardous chemical used in the production of fertilizer is 0.008. The cost of imposing a regulation that would ban the chemical is $32 million. If the value of a human life is equal to $10 million, how many people must the policy affect in order for the benefits to exceed the costs?

• A)256
• B)401
• C)3201
• D)4001

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Definitions:

Pressure Tactic

Strategies employed by individuals or groups to influence or persuade others, often in the context of negotiations or conflict resolution.

Unfair Labor Practice

Actions by employers or unions that violate the rights of employees to organize, bargain collectively, or engage in other protected activities under labor law.

Hardball Tactic

Aggressive negotiation strategies designed to pressure the opposing party into conceding or agreeing to specific demands, often involving risk.

Contract Zone

The range within which parties can find common ground in negotiations, particularly in the context of collective bargaining or business agreements.