# Suppose that requiring motorcycle riders to wear helmets reduces the probability of a motorcycle fatality from 0.3 percent to 0.2 percent over the lifetime of a motorcycle rider and that the cost of lifetime supply of helmets is Rs5000. It is efficient for the government to require riders to wear helmets if human life is valued at ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: Suppose that requiring motorcycle riders to wear helmets reduces the probability of a motorcycle fatality from 0.3 percent to 0.2 percent over the lifetime of a motorcycle rider and that the cost of lifetime supply of helmets is Rs5000. It is efficient for the government to require riders to wear helmets if human life is valued at ? Correct Answer: B. Rs 500,000 or more. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# Suppose that requiring motorcycle riders to wear helmets reduces the probability of a motorcycle fatality from 0.3 percent to 0.2 percent over the lifetime of a motorcycle rider and that the cost of lifetime supply of helmets is Rs5000. It is efficient for the government to require riders to wear helmets if human life is valued at ?

Direct Answer & Quick Reference

The correct option is **B. Rs 500,000 or more**.

A. Rs 150 or more

B. Rs 500,000 or more **(Correct Answer)**

C. Rs50,000 or more

D. Rs500 or more

E. Rs100 or more

✨ Explain with AI

Verified Key: B. Rs 500,000 or more
Solved by 3,372+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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