The Three Firms Shown Below Can Choose Among Three Workplace

Multiple Choice

The three firms shown below can choose among three workplace safety alternatives: continue with the status quo,provide safety training or purchase new safety equipment.The injury rates for the firms under the three alternatives as well as the costs of the alternatives are shown in the table.The cost of treating an injury is $200. $\begin{array}{cccc}& \text { Status Quo } & \text { Safety Training } & \text { New Safety Equipment } \\\underline { \text { Firm } } & \underline { 7 \text { injuries } } & \underline { 6 \text { injuries } } & \underline { 5 \text { injuries } } \\\mathrm{A} & 0 & \$ 100 & \$ 700 \\\mathrm{~B} & 0 & \$ 50 & \$ 600 \\\mathrm{C} & 0 & \$ 200 & \$ 500\end{array}$
If a 2% reduction in workplace injuries is valued at $1000 and can be achieved by having workers wear large,heavy goggles,then

A) it would be efficient to buy and require them if the firm can purchase goggles for $1000 or less.
B) it would be efficient to buy and require them if the purchase price of the goggles plus the value each worker placed on the discomfort from wearing the goggles totaled $1000 or less.
C) injuries will be unchanged because workers will refuse to wear them.
D) it would be efficient to buy and require them if the value each worker placed on the discomfort from wearing the goggles is $1000 or less.