One of the way economists use to estimate the value of statistical life is to compare wages in ...

One of the way economists use to estimate the value of statistical life is to compare wages in occupations with different risks of injury and death. How do economists use this method to value a life?

A. Calculate how much extra a worker should be paid to work in a risky job   

B. Estimate how dangerous various jobs are, and award a wage premium to people working in dangerous jobs.   

C. Estimate the difference between the amounts people earn in different occupations.   

D. Estimate how much of the difference between people’s earnings is due to different occupational risks.