Highway Engineers Have Proposed Improving a Dangerous Stretch of Highway

question 5

Multiple Choice

Highway engineers have proposed improving a dangerous stretch of highway at a cost of $1.5 million.They expect that it will reduce the risk of someone dying in an accident over the life of the highway from 18.3 percent to 7.8 percent.The project would be worth doing as long as a human life is worth at least

• A) $117,000.
• B) $157,500.
• C) $274,500.
• D) $1.5 million.

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Definitions:

Intelligence

The ability to learn, understand, and apply knowledge, including problem solving and adapting to new situations.

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The theory that similar beliefs promote liking and social harmony among people while dissimilar beliefs produce dislike and prejudice.

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Psychodynamic concept referring to the transfer of negative feelings on to an individual or group other than that which originally caused the negative feelings.

Tit-for-Tat Procedure

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