High-income people are willing to pay more than lower-income people to avoid the risk of death. For example, they are more likely to pay for safety features on cars. If a rich town put in a traffic light while a poor town does not, it may be that the poor town uses a dollar value for a human life in its cost-benefit analysis than the rich town.

lower

Explanation:

Here the poor town applied the lower dollar value instead of higher dollar value with respect to the life of the human for its cost benefits analysis as compared to the rick town as in the rich town value, the life if more so it should be traffic light

Therefore the same should be relevant

answer; is the sum of all individual demands curves;

answer; ///product strategy;