For the purpose of 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) an infinite value for each life
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, such as in their jobs or recreational activities, as it reflects the trade-offs people are willing to make between risk and compensation.

For the Purpose of Cost-Benefit Analysis, the Value of a Human