To Increase Safety at a Bad Intersection,you Must Decide Whether

Multiple Choice

To increase safety at a bad intersection,you must decide whether to install a traffic light in your hometown at a cost of $10,000.If the traffic light reduces the risk of fatality by 0.5 percent,and the value of a human life is estimated to be $10 million,you should

A) install the light because the expected benefit of $50,000 is greater than the cost.
B) install the light because the expected benefit of $20,000 is greater than the cost.
C) not install the light because the expected benefit of $10,000 is only equal to the cost.
D) not install the light because the expected benefit of $5,000 is less than the cost.