Which of the following statements is true?
A) People regard human life as priceless when making choices involving risk.
B) Only economists behave as if life has a finite value.
C) Economists calculate the value of life on the basis of the cost of dying.
D) People make decisions every day that reflect the valuations they place on their own lives.

Question

Quizplus · Accepted Answer

People make decisions every day that reflect the valuations they place on their own lives, such as choosing safer cars or jobs with higher risk but better pay, indicating that they implicitly assign a value to their own lives.

Which of the Following Statements Is True