The Federal Aviation Administration requires large commercial jets to install more safety equipment than small private planes. This policy is consistent with the Cost-Benefit Principle because:

Question

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The Cost-Benefit Principle states that actions should be taken if the benefits are greater than the costs. In this case, the installation of safety equipment on commercial jets provides a higher benefit because one fewer accident can potentially save more lives than one fewer accident on a small private plane. Therefore, it makes sense for the FAA to require more safety equipment on large commercial jets.

The Federal Aviation Administration Requires Large Commercial Jets to Install