If a Life Can Be Saved for $250 Using Method

question 101

Multiple Choice

If a life can be saved for $250 using Method A and $260 using Method B,

• A) it would be efficient to shift resources from A to B
• B) it would be efficient to shift resources from B to A
• C) both methods should be pursued to the maximum extent possible
• D) neither method should be used if methods with higher dollar values are available
• E) both methods are on the economy's production possibilities frontier

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Definitions:

Self-focused Thinking

An introspective mode of thinking wherein an individual's attention is predominantly centered upon themselves, their feelings, and their thoughts.

Negative Outcomes

Unfavorable results or consequences of an action or situation that are harmful or undesirable.

Suicide

The act of intentionally causing one's own death.

Attempt

The act of trying to achieve something, typically something challenging or difficult to attain.