Exam 9: Costbenefit Analysis: Do the Ends Justify the Means

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Today, the value of a statistical life is approximately

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Ford calculated that failing to fix the design flaw would result in how many burn deaths?

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Critics of the cost-benefit analysis object primarily that

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The $200,000 value Ford placed on a single life came from

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Should we assign monetary values to statistical lives? Explain your answer.

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