When an infinite value is placed on human life which of the following represents policymakers who rely on cost-benefit analysis?
(i) they are forced to pursue any project in which a single human life is saved
(ii) they are likely to make decisions that optimally allocate society's scarce resources
(iii) they are left with nonsensical results
A)(i) and (ii)
B)(ii) and (iii)
C)(i) and (iii)
D)(i), (ii) and (iii)

Question

Quizplus · Accepted Answer

Placing an infinite value on human life in cost-benefit analysis leads to the pursuit of any project that saves a life, regardless of cost, and results in nonsensical outcomes because it ignores the reality of limited resources.

When an Infinite Value Is Placed on Human Life Which