Suppose a Human Life Is Worth $10 Million

question 10

Multiple Choice

Suppose a human life is worth $10 million. Installing a better lighting system in the city park would reduce the risk of someone being murdered there from 3.5 to 2.9 percent over the life of the system. The city should install the new lighting system if its cost does not exceed

• A)$60,000.
• B)$290,000.
• C)$350,000.
• D)$600,000.