Based on the Type of Analysis Described in the Case

Multiple Choice

Based on the type of analysis described in the Case in Point on Preventing Oil Spills, an economist might reasonably argue that too few people die in airplane crashes if:

A) the marginal cost of preventing airplane crashes was less than the marginal benefit of preventing them.
B) the marginal benefit of preventing airplane crashes was less than the marginal cost of preventing them.
C) he or she were nuts; no reasonable economist would make such a statement because even though zero airplane crashes are an unlikely outcome, the efforts to prevent them to the greatest extent possible are justified because human lives are at stake.
D) both A and B are true.