In a cost-benefit analysis, the value of a human life is sometimes calculated on the basis of
A)the risks that a person voluntarily exposes herself to in her job and/or recreational choices.
B)the value of each individual's assets.
C)the belief that human life is priceless.
D)the amount of resources required to adequately sustain life.

Question

Quizplus · Accepted Answer

The value of a human life in cost-benefit analysis is often calculated based on the risks individuals voluntarily take, reflecting their implicit valuation of life through choices like job risks.

In a Cost-Benefit Analysis, the Value of a Human Life