Suppose That Installing an Overhead Pedestrian Walkway Would Cost a College

Multiple Choice

Suppose that installing an overhead pedestrian walkway would cost a college town $50,000.If the walkway is expected to reduce the risk of fatality by 2 percent and the cost of a human life was estimated at $5 million,what would the town do

A) The town would install the walkway because the estimated benefit is twice the cost.
B) The town would install the walkway because the estimated benefit equals the cost.
C) The town would not install the walkway since the cost is twice the estimated benefit.
D) The town would install the walkway since the cost of even a single life is too great.