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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?
q.consider a market with demand q 10 - p. currently there is an incumbent in the market with capacity k. there is a
Product Y can be sold at a profit if $100 per unit, and product K can be sold at a profit of $25 each.
Suppose that demand for a public park for two groups of consumers (A and B) are given by:
question 1nbspbusiness economics is a useful toolbox for understanding the business environment and making better
Atlas Transportation is considering installing temperature logger in all its refrigerated trucks for monitoring temperatures during transit. If the systems will reduce insurance claims by $40,000 per year for 5 years how much should the company be wi..
What are the differences among horizontal, vertical, and conglomerate mergers? What does the U.S. government hope to achieve through the use of its antitrust policy
Discuss within your Learning Team how and why the U.S.'s deficit, surplus and debt have an effect on the following
A bulk material hauler purchased a used dump truck for $50,000. The operating cost was $5,000 per month, with average revenues of $7500 per month. After two years, the truck was sold for $11,000. The rate of return was closest to:
The Department of Justice concluded that satellite radio is not a market in and of itself while reviewing XM and Sirius merger. What other kinds of competitors did the DOJ include in the market? Discuss.
Large-demonic country time deposits $ 304 billion Currency also coin held by nonbanking public 438 billion Checkable deposits 509 billion Small-demonic country time deposits
What are the major causes of currency crises, and how can countries prevent these types of crises? What should be done if a crisis occurs? Use the interest rate parity model of exchange rate determination to explain what policies should be followed d..
Illustrate by showing the price of a U.S. cell phone in Britain before and after the change in the exchange rate. If you had a business exporting goods to Britain, and U.S. interest rates fell as they have in this example, would you plan to ex..
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