Arsenic enters drinking water supplies from natural deposits in the earth or from agricultural and industrial practices. Since it has beeh lIARed 18 cancer Of the bladder, kidney, and other internal organs, the EPA has lowered the arsenic standard for drinking water from 0.050 parts per million to 0.010 parts per million (10 parts per billion). The annual cost to public water utilities to meet the new standard is estimated to be $202 per household. If it is estimated that there are 92 million households in the United States and that the lower standard can save 52 lives per year valued at S 4 million per life, what is the benefit/cost ratio of the regulation? Important Note: Give B/C with 3 decimal places

Arsenic enters drinking water supplies from natural deposits in the earth or from agricultural and industrial practices. Since it has beeh lIARed 18 cancer Of the bladder, kidney, and other internal organs, the EPA has lowered the arsenic standard for drinking water from 0.050 parts per million to 0.010 parts per million (10 parts per billion). The annual cost to public water utilities to meet the new standard is estimated to be $202 per household. If it is estimated that there are 92 million households in the United States and that the lower standard can save 52 lives per year valued at S 4 million per life, what is the benefit/cost ratio of the regulation? Important Note: Give B/C with 3 decimal places

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter6: Deductions And Losses: In General

Section: Chapter Questions

Problem 1RP

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