Health administration promulgate safety and health standards

Assignment Help Microeconomics
Reference no: EM13700267

The Occupational Safety and Health Administration promulgate safety and health standards. These standards typically apply to machinery (capital), which is required to be equipped with guards, shields, and the like. An alternative to these standards is to require the employer to furnish personal protective devices to employees (labor)—such as earplugs, hard hats, and safety shoes. Disregarding the issue of which approach offers greater protection from injury, what aspects of each alternative must be taken into account when analyzing the possible employment effects of the two approaches to safety?

Reference no: EM13700267

Questions Cloud

Supply of money-demand for money and the interest rate : Explain how each of the following developments would affect the supply of money, the demand for money, and the interest rate. Illustrate your answers with diagrams.
How much would he need to deposit annually : 1.Barry Cuda would like to save $210,000 over the next 20 years. He will assume that his account will earn 6% annually. If Barry decides to make annual end of year deposits, how much would he need to deposit annually?
How the global investment banking process : Write international finance paper... include how the global investment banking process has assisted goodyear 2. how regulatory bodies affect financial decision making 3. identify and evaluate contemporary issues in international financial manag..
Changed the relationship between art and technology : To what extent have advanced and accessible digital technologies, such as websites, digital photography, and YouTube, changed the relationship between art and technology? Are these technologies reshaping our attitudes toward artists?
Health administration promulgate safety and health standards : The Occupational Safety and Health Administration promulgate safety and health standards. These standards typically apply to machinery (capital), which is required to be equipped with guards, shields, and the like. An alternative to these standards i..
Great discussion around strategic planning : Great discussion around strategic planning (selecting the most qualified candidate) in keeping with the strategic direction of an organization. It has a two part process
How much does the government receive as tax revenue : The demand curve for gardeners is Ed = 39 - 2w, where E = the number of gardeners, and w = the hourly wage. The supply curve is Es= 4 + 3w. What is the equilibrium wage and equilibrium number of gardeners hired? How much does the government receive a..
Find the semi annual payments needed to accumulate funds : A volunteer fire department anticipates purchasing a fire truck in 3 years. Today it will cost $625,000 but the cost is increasing to 4% per year. Find the semi annual payments needed to accumulate funds to purchase the truck if funds earn 6% compoun..
Does the equal marginal principle apply to personal decision : Does the equal marginal principle apply to personal decisions when you have limited income and time? How do you allocate a limited amount of study time when faced with three exams on the same day?

Reviews

Write a Review

Microeconomics Questions & Answers

  The villagers can buy or sell corn at the world price

The villagers can buy or sell corn at the world price

  Given the basic economic problem of scarcity

Given the basic economic problem of scarcity

  Suppose an automobile manufacturer is choosing between

It can produce 100 cars with 200 workers and 50 machines, or it can produce 166 cars with 300 workers and 75 machines. Would you describe the manufacturer production function as exhibiting decreasing, constant, or increasing returns to scale? Explain..

  The theory of the communists may be summed up in a single

The theory of the Communists may be summed up in a single sentence: Abolition of private property,” This is from:

  Determination of optimal price and output

Two firms face the demand equation given by P=200,000 -6(Q1 + Q2) where Q1 and Q2 are the outputs of two firms. The total cost equations for two firms are given by: TC1 = 8000Q1 and TC2 = 8000Q2.

  What is the inflation rate in felix''s salary

Felix Jones, a recent engineering graduate, expects a starting salary of $ 65,000 per year. His future employer has averaged 5% per year in salary increases for the last several years.

  Recognize three companies which operate internationally and

identify three companies that operate internationally and explore the possible sources of political risk for each of

  How does a high rate of inflation affect money

1)How does a high rate of inflation affect money in all its different roles?

  What does it mean when the provider is a monopsonist

The provider is assumed to maximize profits. Determine the provider's equilibrium wage and how many nursing units it will hire. The provider is a monopsonist, which means it is the sole purchaser of labor in the market. Nurses are used by the clin..

  The aggregate demand schedule to the right

The long-run Phillips curve suggests policymakers choose between alternative and which of the following will shift the aggregate demand schedule to the right?

  Analyze each macroeconomic model

Analyze each macroeconomic model discussed in Chapter 13 to determine which model you believe is viable across the greatest number of economic situations. Explain your rationale.

  What would be the effect of each of the following on the

what would be the effect of each of the following on the demand for chevrolets in the united states? in each case

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd