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 $1.5 million.They expect that it will reduce the risk of someone dying in an accident over the life of the highway from 18.3 percent to 7.8 percent.The project would be worth doing as long as a human life is worth at least

A) $117,000.
B) $157,500.
C) $274,500.
D) $1.5 million.