The local fire department wants to buy some new equipment at a cost of $300,000. If a human life is worth $10 million, the equipment is worth buying if it reduces the risk of someone dying in a fire over the life of the equipment by at least 3 percentage points.
What does the fire department do?
- Putting out fires in their neighborhood.
- Preserving property and life in the event of localized flames. saving and safeguarding individuals in the event of a car accident, as well as in the event of other catastrophes.
What are the four categories of fire departments?
- State and federal government fire departments, contract fire departments, private or industrial fire brigades, and transportation authority or airport fire departments make up 4% of the registered departments.
What is local fire authority?
- A local fire authority is, in essence, a controlling body that makes sure that a local fire service operates effectively and in the best interests of the people and community it protects.
- It follows that the public is held accountable for the fire service's performance and activities.
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