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    Exam 2: Cost-Benefit Analysis and the Value of a Life
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    If a Company Could Spend $3 Per Bicycle on a Safety
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If a Company Could Spend $3 Per Bicycle on a Safety

Question 19

Question 19

True/False

If a company could spend $3 per bicycle on a safety device that would prevent $2,000 worth of harm for every 1,000 bicycles sold, spending the $3 would be a cost-justified precaution.

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