The local fire department wants to buy some new equipment at a cost of $2 million.If a human life is worth $10 million,the equipment is worth buying if it reduces the risk of someone dying in a fire over the life of the equipment by at least which of the following
A) 1 percentage point
B) 2 percentage points
C) 7 percentage points
D) 10 percentage points
Correct Answer:
Verified
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