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Cuba Cuba
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9 years ago
Maria can work as a coal miner, where the probability of being killed in a work-related accident is 5/8,000, or she can earn work as a truck driver, where the probability of being killed in a work-related accident is 2/8,000. Using the compensating differential approach, the value of Maria's life is $4 million. How much more per year will working as a coal miner pay than working as a truck driver?
A) $1,500
B) $2,000
C) $2,500
D) $3,500
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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8 years ago
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Cuba Author
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#2
8 years ago
I have a major exam next week. Thank you for taking the time to answer. Problem solved.
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#3
8 years ago
Awesome Happy Dummy
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