Explore BrainMass
Share

"The optimal number of traffic deaths is zero" + 4: Analyze

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Using optimization theory, analyze the following quotations:
a. The optimal number of traffic deaths in the United States is zero.
b. Any pollution is too much pollution.
c. We cannot pull U.S. troops out of Iraq. We have committed so much already.
d. If Congress cuts out the NASA space station, we will have wasted all the resources that we have already spent on it. Therefore, we must continue funding it.
e. Since JetGreen Airways has experienced a 25 percent increase in its insurance premiums, the airline should increase the number of the passengers it serves next quarter in order to spread the increase in premiums over a larger number of tickets.

© BrainMass Inc. brainmass.com October 25, 2018, 5:27 am ad1c9bdddf
https://brainmass.com/economics/personal-finance-savings/the-optimal-number-of-traffic-deaths-is-zero-4-analyze-420819

Solution Preview

a) This might be a desirable outcome, but what would be its cost? A foolproof way to reduce traffic deaths to zero would be to ban cars completely, but society would pay a large price in the form of people being unable to work more than walking distance from home, deliveries of goods and services being drastically reduced, and accident or ...

Solution Summary

This solution uses optimization theory to analyze 5 quotations. It gives detailed reasons why all of the opinions expressed in the quotes are wrong.

$2.19
See Also This Related BrainMass Solution

Competing in World Markets: Evaluate the barriers to international trade, strategy plan

Evaluate the barriers to international trade and determine which barrier is the most significant overall. Explain your rationale.

Imagine you are the owner of a business on the brink of going global. Briefly describe your business and develop a strategy for expanding your business globally.

View Full Posting Details