Gce Model Questions Vol1 2024 Geography Question 15
Practice objective / multiple choice question 15 from the 2024 Gce Model Questions Vol1 Geography examination.
Three environmental hazards have the following annual probabilities of occurrence and associated monetary consequences:\n\n- Hazard A: probability \(0.02\), consequence \(\$500{,}000\)\n- Hazard B: probability \(0.05\), consequence \(\$300{,}000\)\n- Hazard C: probability \(0.01\), consequence \(\$800{,}000\)\n\nRisk is defined as probability × consequence. A mitigation budget allows two of the following actions:\n\n1. Reduce the probability of Hazard A by 20 %\n2. Reduce the probability of Hazard B by 30 %\n3. Reduce the probability of Hazard C by 40 %\n\nWhich two actions should be taken to achieve the greatest possible reduction in total risk? State the selected hazards.
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This is Gce Model Questions Vol1 2024 Geography Question 15. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Geography examination.
Difficulty level: Hard .
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