Suppose That the Cost of Installing an Overhead Pedestrian Walkway

question 69

Multiple Choice

Suppose that the cost of installing an overhead pedestrian walkway in a college town is $150,000. The walkway is expected to reduce the risk of fatality by 1.5 percent, and the cost of a human life is estimated at $10 million. The town should

• A)install the walkway because the estimated benefit is twice the cost.
• B)be indifferent between installing and not installing the walkway because the estimated benefit equals the cost.
• C)not install the walkway, since the cost is twice the estimated benefit.
• D)install the walkway, since the cost of even a single life is too great not to take action.

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Definitions:

Emotion Expression

The process of conveying one's feelings through verbal and non-verbal behaviors.

Relaxation Training

Techniques and exercises designed to reduce stress and anxiety, promoting physical and mental relaxation.

Mindfulness Meditation

A practice of focusing one’s awareness on the present moment, often as a means of reducing stress and promoting mental well-being.

Hypnosis

A trance-like state of focused attention, reduced peripheral awareness, and an enhanced capacity to respond to suggestion.