Business, 01.03.2021 23:20 lizbeth696
Farm workers in Oaks Farmville face a 1/85 probability of death at work and each of them receives a yearly wage of $159,106. Farm workers in Valley Farm face a 1/127 of death at work. Assume that both kinds of job require the same level of skills, effort and that all workers have the same preferences and tastes. The values of an statistical life is computed to be $1,262,558. How much should the workers in the less risky job should get paid
Answers: 3
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Answers: 3
Farm workers in Oaks Farmville face a 1/85 probability of death at work and each of them receives a...
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