Discuss the precautionary principle


The precautionary principle is utilized in Canada, Australia, and Europe. It requires those who propose change to demonstrate that their proposed actions will not cause serious or irreversible harm to the environment. It is used for such activities as building construction.

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Which of the following is not a reason to value diversity?

A) You are or will be sharing work with people from other cultures. B) Learning about other cultures helps avoid misunderstandings. C) You can benefit from the greater variety of viewpoints. D) Diversity provides a richer environment for solving problems. E) The U.S. population is less diverse now than ever before.

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A soft drink filling machine, when in perfect adjustment, fills the bottles with 12 ounces of soft drink. A random sample of 49 bottles is selected, and the contents are measured. The sample yielded a mean content of 11.88 ounces with a standard deviation of 0.35 ounces

a. Formulate the hypotheses to test to determine if the machine is in perfect adjustment. b. Compute the value of the test statistic. c. Compute the p-value and give your conclusion regarding the adjustment of the machine. Let ? = .05.

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Renters want to move out of an apartment in good standing:

A) so they receive their full security deposit. B) because they may need their landlord as a reference on their next apartment. C) because if they cause any damage it will show up on their credit report. D) so they receive their full security deposit and because they may need their landlord as a reference on their next apartment are correct. E) All of the answers are correct

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Two firms, A and B, both produce widgets. The price of widgets is $1 each. Firm A has total fixed costs of $500,000 and variable costs of 50¢ per widget. Firm B has total fixed costs of $240,000 and variable costs of 75¢ per widget. The corporate tax rate is 40%. If the economy is strong, each firm will sell 1,200,000 widgets. If the economy enters a recession, each firm will sell 1,100,000 widgets. If the economy enters a recession, the after-tax profit of Firm B will be

A. $0. B. $6,000. C. $36,000. D. $60,000. E. -None of the options are correct.

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