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    Exam 16: Web: Economics of Life, Health, and the Environment
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    John Is Willing to Work at a Job That Has
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John Is Willing to Work at a Job That Has

Question 49

Question 49

Multiple Choice

John is willing to work at a job that has a 0.02% higher probability of death compared to his current job for $1,800 more per month. The value of his statistical life is ________.


A) $1,800
B) $3,600
C) $90,000
D) $9,000,000

Correct Answer:

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