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Uni-Go Company Makes Motorized Unicycles

Question 41

Multiple Choice

Uni-Go Company makes motorized unicycles. Uni-Go is deciding whether to include a safety feature that would cost $6 for each unicycle. Uni-Go estimates the probability of death without the safety feature is 1/90,000 and the death cost per unicycle is $5.55. What is the value Uni-Go has placed on a life?


A) $162,162.
B) 499,500.
C) $540,000.
D) $2,997,000.

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