Highway Engineers Want to Improve a Dangerous Stretch of Highway

question 228

Multiple Choice

Highway engineers want to improve a dangerous stretch of highway.They expect that it will reduce the risk of someone dying in an accident from 4.1 percent to 1.5 percent over the life of the highway.If a human life is worth $4.2 million,then the project is worth doing as long as it does not cost more than

• A) $67,200.
• B) $109,200.
• C) $274,500.
• D) $1.6 million.