Suppose that hedonic wage studies indicate a willingness to, Ask an Expert

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Suppose that hedonic wage studies indicate a willingness to pay $75 per person for a reduction in the risk of a premature death from an environmental hazard of 1/50,000. If the exposed population is five million people, what is the implied value of a statistical life?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91722190

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