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One Problem with Using Worker Willingness-To-Pay Figures to Set Safety

Question 24

Multiple Choice

One problem with using worker willingness-to-pay figures to set safety standards is that


A) the utility of other parties may be affected by worker safety levels.
B) workers' preferences cannot be translated into monetary terms.
C) the use of safety equipment will decrease workers' utility.
D) willingness-to-pay figures usually decrease over time.

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