For use in cost-benefit analysis,how is the value of a human life sometimes calculated
A)on the basis of the risks that a person voluntarily exposes herself to in her job and in her daily activities
B)on the basis of the value of each individual's assets
C)on the basis of an infinite value for each life
D)on the basis of 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, such as in their jobs, which reflects their implicit valuation of life through wage-risk trade-offs.

For Use in Cost-Benefit Analysis,how Is the Value of a Human