Highway Engineers Have Proposed Improving a Dangerous Stretch of Highway

Multiple Choice

Highway engineers have proposed improving a dangerous stretch of highway at a cost of $3 million.They expect that it will reduce the risk of someone dying in an accident from 22.1 percent to 7.1 percent over the life of the highway.What is the value of a human life whereby the project would be worth doing

A) at least $450,000
B) at least $9.05 million
C) at least $10 million
D) at least $12.2 million