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Highway Engineers Want to Improve a Dangerous Stretch of Highway

Question 228

Multiple Choice

Highway engineers want to improve a dangerous stretch of highway.They expect that it will reduce the risk of someone dying in an accident from 4.1 percent to 1.5 percent over the life of the highway.If a human life is worth $4.2 million,then the project is worth doing as long as it does not cost more than


A) $67,200.
B) $109,200.
C) $274,500.
D) $1.6 million.

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