Which of the following scenarios describes a risk?         The roads are icy, but we decided to drive to work anyway.         The winter storm left snow and ice all over the roadways.         The current in the river is very swift today because of the storms last night.         The floor was just mopped, so it might be slippery.

A new vaccine offers protection against otitis media. Administering the vaccine to 10,000,000 children under age 5 would reduce otitis media cases from 14,000,000 to 11,000,000. The vaccine costs $100 per patient. What is the cost per case avoided? Round your answer to the nearest unit. Enter a numeric value as a non-numeric value will be converted to 0 thus potentially making your answer wrong. Do not enter a comma or any other sign for the same reason. I

Reactors `R’ Us operates a nuclear power plant in Potsdam.In the event of reactor failure, there would be major damages to the North Country.  The company can reduce the probability of failure through proper maintenance of the facility.  The marginal cost of maintenance is increasing in the amount of maintenance done (and thus decreasing in the probability of an accident).  We can write this marginal cost curve as MAC=2-10p (where 0<p<1, and represents the probability of a failure over a 50 year period).   The marginal expected damages are an increasing function of the probability of an accident so that MD=2.2+10p.  Provide a graph or graphs to illustrate your analysis/answers to the following questions. A.  What is the efficient probability of reactor failure?       B. If “Reactors ‘R’ Us” thinks that, in the event of reactor failure, they will NOT be found liable for damages, what probability of failure will they choose?         C. If “Reactors ‘R’ Us” thinks that, in the…

You want to travel to Las Vegas to celebrate spring break and your "A" in your microeconomics class! You are trying to figure out if you should drive or fly. A round trip airline ticket from Riverside to Las Vegas costs $350 and flying there and back takes about 5 hours. Driving roundtrip to Las Vegas costs about $50 in gas and takes about 10 hours. Other things constant, what is the minimum amount of money that you would have to expect to make by gambling in Las Vegas to induce you as a rational individual to fly rather than drive? O $10 an hour $60 an hour O $70 an hour O $300 an hour

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You have just been elected governor of a medium-sized U.S. state. Citizens want you to take bold action to reduce greenhouse gas emissions— but they do not want prices of gasoline or electricity to rise. Industries in your state are wary of emissions reductions being required of them but are willing to explore ideas with you. The state legislature will support your efforts as long as you remain popular with voters. The state to your west has just passed ambitious legislation mandating steep emissions cuts. The state to your east has joined a regional emissions trading consortium. The state to your north has just established a revenue-neutral carbon tax. What actions will you take in your first year as governor, and why? What effects would you expect each action to have?

Put yourself in the shoes of the Egyptian Government. The country is already suffering from severe water shortages. In the future, the number of people needing water is going up drastically and the amount of water available will decrease once the dam in Ethiopia is finished. What actions does the government have available? Come up with three options. Discuss the cost/benefits or pros/cons of each option. Evaluate the options and determine which one would be the best for the people of Egypt and their security.