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14) Eric is unwilling to spend an additional 130 hours on the road next year to take an alternative route that would reduce his risk

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14) Eric is unwilling to spend an additional 130 hours on the road next year to take an alternative route that would reduce his risk of being killed in a car accident by 00008. Assume that the time saved has an economic value of $2 .600 to Eric. What does this choice say about the dollar value that Eric places on his life? A) Eric must perceive his life as being worth more than $3.25 million B) Eric must perceive his life as being worth less than $3.25 million C) Eric must perceive his life as being worth more than $2.5 million D) Eric must perceive his life as being worth less than $2.5 million

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