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Buy low and cell high (H). The microwaves produced at cell-phone antennas could result in brain tumors, cancer, and, even worse, hair loss. Suppose that 1 in 100,000 cell-phone users will die due to cell-phone use. The government will only fund safety features for which the cost per life saved is $12,500. How much is the government willing to spend on increasing the safety of each cell phone?
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