9. Suppose the government is considering a ban on a specific pesticide. The ban would raise production

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9. Suppose the government is considering a ban on a specific pesticide. The ban would raise production costs and thus food prices, harming the economy by $20 million. However, the ban would save lives due to fewer carcinogens in food. Explain how the government would use the value of a statistical life to determine if the ban benefits or harms society.

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