Suppose That a Small County Is Considering Adding a Guard

question 79

Multiple Choice

Suppose that a small county is considering adding a guard rail to a dangerous curve by a river. The guard rail will cost $70,000. The average damage done to vehicles that slide off the road at the curve is $10,000. It is expected that the guard rail will prevent 5 vehicles from sliding off the road during its usable life. What should the county do?

• A)Install the guard rail because safety is priceless.
• B)Install the guard rail because the benefits exceed the costs.
• C)Do not install the guard rail because the costs exceed the benefits.
• D)Do not install the guard rail at any cost because drivers can purchase private insurance for their vehicles.

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Definitions:

Common Misconceptions

Widely held but incorrect beliefs or ideas about a particular topic, subject, or concept.

Organic Cause

Pertains to a physical or physiological reason for a symptom or disorder, often contrasted with psychological causes.

Diagnosticians

Professionals skilled in identifying and determining the nature of diseases or disorders through examination and analysis.

Retardation

A dated and offensive term previously used to describe a delay in development or progress, especially in the context of intellectual disabilities.