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klio [65]
3 years ago
11

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 $31 million. If the value of a human life is equal to $8 million, how many people must the policy affect in order for the benefits to exceed the costs
Business
1 answer:
alexandr1967 [171]3 years ago
3 0

Answer: More than 484 person

Explanation:

The expected benefit for one person will be:

= probability of death × value of life

= 0.008 × 8 million = 0.064 million

The number of people that the policy must the affect in order for the benefits to exceed the costs will be:

= 31 million / 0.064 million

= 484.755

Therefore, the people should be more than 484 persons to exceed costs

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Only one of the approaches to ethical reasoning has as its central tenet that actions are more right if they promote more happin
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Answer:

A. End-result ethics

Explanation:

7 0
3 years ago
Which, if any, of the following taxes are regressive (rather than progressive)? a.state general sales tax b.federal gift tax c.f
denpristay [2]

State General Sales Tax is regressive.

<h3>What is a regressive tax?</h3>

A tax that is administered equally and is regressive takes a bigger percentage of revenue from low-income earners than it does from high-income earners. It is opposed to a progressive tax, which levies higher rates against high-income taxpayers.

Because it is imposed consistently in all circumstances, regardless of the taxpayer, a regressive tax has a greater negative impact on low-income individuals than on high-income individuals. Taxing everyone the same may be fair in some circumstances, but it is viewed as unfair in others. Because of this, the majority of income tax systems use a progressive schedule that taxes high earnings at a higher percentage rate than low earners, while other types of taxes are imposed consistently. Although the United States has a progressive tax system for income tax, which means that people with higher incomes pay a higher percentage of taxes each year compared to people with lower incomes, we do pay other levies that are regarded as regressive taxes. State sales taxes, user fees, and to a certain extent, property taxes are a few of them.

Thus, it is the General sales tax that is also considered a Regressive Tax.

For more information on regressive tax, refer to the given link:

brainly.com/question/9373731

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6 0
1 year ago
Petty Cash Fund Entries Journalize the entries to record the following: Check is issued to establish a petty cash fund of $1,200
Andre45 [30]

Answer:

Dr Petty cash fund 1,200

    Cr Cash 1,200

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Dr Miscellaneous selling expenses 193

Dr Miscellaneous administrative expenses 121

Dr Cash short and over 24

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Dr Petty cash fund 804

    Cr Cash 804

the balance in the petty cash fund is $1,2000 again

7 0
3 years ago
Place holders are:
bagirrra123 [75]
The answer to your question is D
8 0
3 years ago
A pharmacist stocks only one particular brand of acetaminophen, a popular pain-relief drug. Even if his customers prefer other p
Alja [10]

Answer:

d. right to choose

Explanation:

By not presenting any other alternatives for acetaminophen, the pharmacist is violating the consumers' right to chose. According to this right, consumers should be provided with a variety of options of products at a satisfactory quality and competitive prices, which does not occur if they only have one brand to choose from.

The answer is alternative d. right to choose

5 0
3 years ago
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