Which of the following best explains why making automobiles completely safe is not efficient?
A) After some level of safety is reached, making cars even safer will not be worth the additional cost.
B) Because human life is priceless, automobile safety generally doesn't matter.
C) The benefit from additional automobile safety will generally rise as automobiles are made safer, more than offsetting the opportunity cost involved.
D) Economic efficiency suggests that automobiles should be made as safe as humanly possible.

Question

Quizplus · Accepted Answer

After a certain point, the cost of making cars safer exceeds the benefits gained from the additional safety, making it inefficient to pursue further safety improvements.

Which of the Following Best Explains Why Making Automobiles Completely