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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
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 The cost of imposing a regulation that would ban the chemical is $ million. If the value of a human life is equal to $ million, how many people must the policy affect in order for the benefits to exceed the costs?
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