Top Posters
Since Sunday
7
6
o
5
b
4
s
3
j
3
b
3
m
3
K
3
g
3
L
3
w
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Cuba Cuba
wrote...
Go to Answer
Posts: 2658
Rep: 7 0
9 years ago
Darnell can work on an oil rig, where the probability of being killed in a work-related accident is 4/6,000, or he can earn work as a lumberjack, where the probability of being killed in a work-related accident is 1/6,000. Using the compensating differential approach, the value of Darnell's life is $6 million. How much more per year will working on an oil rig pay than working as a lumberjack?
A) $2,000
B) $3,000
C) $4,000
D) $6,000
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
Read 273 times
3 Replies
Replies
Answer verified by a subject expert
IloveChiIloveChi
wrote...
#1
Top Poster
Posts: 2595
Rep: 109 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Cuba Author
wrote...
#2
8 years ago
Straight to the point! Appreciate your time and your help.
wrote...
#3
8 years ago
Wasn't so hard, referencing the textbook helped.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1038 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 451
  
 325
  
 458
Your Opinion
What's your favorite funny biology word?
Votes: 336
Previous poll results: Who will win the 2024 president election?