Answer:
(1) Assessment
Explanation:
The intersection of the assessed probability and severity of a hazard in the risk management process is called 'risk assessment'
Risks are usually assessed in two broad areas namely: Probability of occurrence and Impact.
Probability of occurrence has to do with the degree of likelihood that a risk will materialize while 'impact' tries to access how much damage the risk is likely to cause, in the event that it materializes.
In summary, risk management usually views risk as a function of probability and impact.
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Answer:
D(p) = 2,000 ÷ Price + 434
Explanation:
The computation of the demand function is shown below:-
Number of units of the product = 3000 ÷ Price + C
834 = 2,000 ÷ $5 + C
834 = 400 + C
C = 834 - 400
C = 434
So, D(p) = 2,000 ÷ Price + 434
Therefore for computing the demand function we simply applied the above formula also we considered all the given information mentioned in the question
Answer:
d $250,000; subtracted from
Explanation:
Sales of U.S. Treasury bills to the banking system by the Fed is a contractionary monetary policy that will reduce the money supply.
Based on the money supply multiplier, the amount of the reduction in money can be calculated as follows:
Amount of reduction in money supply = $25,000 / 10% = $250,000.
Therefore, if the banking system does NOT want to hold any excess reserves, <u>250,000</u> will be <u>substracted from</u> the money supply.
Answer:
(a) 208.33 J/s
(b) 141.12 s
Explanation:
(a) Energy is the rate of doing work.
Work is the product of power and time
Work = Power × Time
Power = Work/time
where work is in joule and time is in seconds
Given that work = 6 × 
Time = 8 h = 8 × 60 × 60
= 28800 seconds
Average useful power = 
= 208.33 J/s
(b) Given
mass = 2000kg , using g = 9.8 m/s2
Force = 2000 × 9.8
= 19600N
Work = Force × Distance ( considering that Work done to lift his body can be omitted because it is not considered useful output here)
Work = 19600 × 1.5
= 29,400J
Time taken = Work/Power
= 
= 141.12s
≈ 2 Minutes 21 Seconds
At the rate of 208.33J/s, it will take the person 141.12 seconds to lift 2000 kg of bricks 1.50 m to a platform.
