Answer the following statement(s) true (T) or false (F)
1. Actuarial risks are based on factual data.
2. A reference dose (RfD) measures the daily exposure to some contaminantthat can be tolerated over a person’s lifetime.
3. According to the textbook application on the ecological risks associated with climate change, all such risks are known with certainty.
4. The EPA has developed the same guidelines for assessing both human health risks and ecological risks.
5. In an ecological risk assessment, the step in which the ecological entity that is potentially at risk is identified is called the analysis phase.
1. True
2. True
3. False
4. False
5. False
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Who would be most likely to move from Europe to the New World in the early 1600s?
a. A 19 year-old, first born son with many skills b. A 37 year-old skilled carpenter c. A 17 year-old from a poor family d. A 21 year-old woman e. An unskilled laborer with a wife and two children
Which of the following defines a sunk cost?
a. Cost of the next best alternative b. Cost of producing an additional unit c. An asset with no scrap value d. Total cost of producing a product