In order to minimize the NET costs associated with crime,
A)steps must be taken to eliminate all crime.
B)crime should be reduced to the level at which the total benefit from crime equals the total cost of crime prevention.
C)crime should be reduced to the level at which the marginal cost from crime equals the marginal cost of crime prevention.
D)no crime should be eliminated.

Question

Quizplus · Accepted Answer

The optimal level of crime reduction is achieved when the marginal cost of crime (the cost of an additional unit of crime) equals the marginal cost of crime prevention (the cost of preventing an additional unit of crime). This principle balances the costs and benefits of crime reduction efforts, ensuring that resources are used efficiently.

In Order to Minimize the NET Costs Associated with Crime