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Business, 06.04.2020 16:28 Tcmidian3644

After a recent spike in violent crime, the local police department wants to spend $550,000 on a new crime fighting initiative. If a human life is worth $9 million, the crime fighting initiative is worth the cost if it reduces the risk of someone dying from crime by at least

a.

3.5 percentage points.

b.

5.5 percentage points.

c.

6.1 percentage points.

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Answers: 3

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