OK. This is almost completely against my disposition but I once asked this question to a young group of students when I taught at the university. Thought it might make for a fun question here.
Suppose you were a superhero like Superman. Unlike Superman, however, you don't have a day job. You need to earn a living being a superhero. How much would you charge to save a single large city (say, New York) from destruction by a supervillain? If you don't thwart the supervillain's efforts, one million people will die. You will only prevent the event from occuring but will not actually capture the supervillain.
2007-02-22
10:39:08
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8 answers
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asked by
Anonymous
in
Economics