Economic Analysis of Social Issues 1st Edition by Alan Grant

Exercise 5

A corporation is considering producing a product that it knows will probably result in some people, some-where, dying. That corporation ________.
A) Must, under no circumstances, produce that product
B) Cannot include the value of the lost lives in its cost-benefit analysis
C) Has little choice but to include the value of the lost lives in its cost-benefit analysis
D) Must design and incorporate every available precaution into its product until it is sure no lives will be lost