Which of the following is given as a justification of the health and safety standards established by OSHA?
A) Workers overestimate the amount of risk associated with jobs,resulting in a larger than optimal wage premium for hazardous jobs
B) Workers underestimate the amount of risk associated with jobs,resulting in a larger than optimal wage premium for hazardous jobs
C) Firm overestimate the amount of risk associated with jobs,resulting in a smaller than optimal wage premium for hazardous jobs
D) Information and occupational mobility are imperfect,so that the wage premium for job safety provides inadequate incentive for firms to provide safety
Correct Answer:
Verified
Q29: Which of the following best describes the
Q30: If OSHA were to become increasingly effective
Q31: Empirical estimates of OSHA's effectiveness at reducing
Q32: refer to the following diagram. MCs
Q33: refer to the following diagram. MCs
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents