Which of the Following Best Explains Why Making Air Travel

question 123

Multiple Choice

Which of the following best explains why making air travel completely safe is not efficient?

• A) After some level of safety is reached, making airplanes even safer is not worth the opportunity cost that would be incurred.
• B) Because one can't put a price on human life, airplane safety generally doesn't matter economically.
• C) The benefit from additional airplane safety will generally rise as airplanes are made safer, more than offsetting the opportunity cost involved.
• D) The question is misleading--making airplanes safer is always efficient.

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Definitions:

Licenses

Official permissions or authorizations, usually issued by a governmental entity, required to engage in certain activities or professions.

Doctors

Professionally trained individuals who diagnose and treat illnesses, perform medical procedures, and promote health and well-being.

Licensed Taxicabs

Authorized taxi services that have obtained the necessary permits and licenses from the government to operate legally.

New York City

A major city in the United States, known for its significant cultural, financial, and media influence globally.