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Use the Following Diagram to Answer the Following Questions

Question 76

Multiple Choice

Use the following diagram to answer the following questions.
Use the following diagram to answer the following questions.    -Refer to Crime Control. If the quantity of crime control is currently represented by A₂, then: A)  the marginal social benefit exceeds marginal social cost and the level of crime control should be decreased. B)  the marginal social cost exceeds marginal social benefit and the level of crime control should be decreased. C)  the marginal social benefit equals marginal social cost and the level of crime control should be increased. D)  the marginal social cost equals marginal social benefit and the level of crime control should remain the same.
-Refer to Crime Control. If the quantity of crime control is currently represented by A₂, then:


A) the marginal social benefit exceeds marginal social cost and the level of crime control should be decreased.
B) the marginal social cost exceeds marginal social benefit and the level of crime control should be decreased.
C) the marginal social benefit equals marginal social cost and the level of crime control should be increased.
D) the marginal social cost equals marginal social benefit and the level of crime control should remain the same.

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