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The Deadliest Catch fishing crew accepts an additional $7,500 in wages each year for being faced with an additional 1/1500 risk of fatality on the
The \"Deadliest Catch\" fishing crew accepts an additional $7,500 in wages each year for being faced with an additional 1/1500 risk of fatality on the job when compared with other fisherman. In this situation, the Value of Statistical Life (VSL) is million dollars. (Round your number to 2 decimal points)
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