10. (3 points) Voters in Sao Paolo approve a measure to reduce speed limits by 20 kilometers per hour. This results in 300 lives saved per year out of a population of 12 million. It also increases travel times by 50 hours per year per person. The average hourly wage is 20 Reals per hour. a) (1 point) What is implied cost in Reals per person of reducing the speed limit? b) (1 point) What is the implied value of a statistical life in Reals? c) (1 point) Assuming the measure continues to be approved by a major- ity. Who do you think are the winners of the measure? Who are the losers