Solved

If a Life Can Be Saved for $250 Using Method

Question 101

Multiple Choice

If a life can be saved for $250 using Method A and $260 using Method B,


A) it would be efficient to shift resources from A to B
B) it would be efficient to shift resources from B to A
C) both methods should be pursued to the maximum extent possible
D) neither method should be used if methods with higher dollar values are available
E) both methods are on the economy's production possibilities frontier

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions