Studies that compare the wages of more risky and less risky occupations estimate the value of a human life to be about
A)$1 million.
B)$5 million.
C)$10 million.
D)$20 million.

Question

Quizplus · Accepted Answer

Studies that compare the wages of more risky and less risky occupations estimate the value of a human life to be around $10 million. This value takes into account the amount of money people are willing to pay for risk reduction and is commonly used in cost-benefit analyses of public health and safety policies.

Studies That Compare the Wages of More Risky and Less