One Problem with Using Worker Willingness-To-Pay Figures to Set Safety

question 24

Multiple Choice

One problem with using worker willingness-to-pay figures to set safety standards is that

• A) the utility of other parties may be affected by worker safety levels.
• B) workers' preferences cannot be translated into monetary terms.
• C) the use of safety equipment will decrease workers' utility.
• D) willingness-to-pay figures usually decrease over time.

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