Suppose that the marginal benefit of having a security guard at the airport is MB₁,at the bank is MB₂,and at the mall is MB₃.The marginal cost of assigning security guard is the same for all three places,and it is represented by MC₂.
Starting with MB₁ (marginal benefit curve for the airport) and MC₂,suppose the federal government decided to increase security at the airport.As a result training costs for security guards increases.This would shift ______ and ______ the optimal number of security guard at the airport.

Question

Suppose that the marginal benefit of having a security guard at the airport is MB₁,at the bank is MB₂,and at the mall is MB₃.The marginal cost of assigning security guard is the same for all three places,and it is represented by MC₂.

Suppose that the marginal benefit of having a security guard at the airport is MB<sub>1</sub>,at the bank is MB<sub>2</sub>,and at the mall is MB<sub>3</sub>.The marginal cost of assigning security guard is the same for all three places,and it is represented by MC<sub>2</sub>. Starting with MB<sub>1</sub> (marginal benefit curve for the airport) and MC<sub>2</sub>,suppose the federal government decided to increase security at the airport.As a result training costs for security guards increases.This would shift ______ and ______ the optimal number of security guard at the airport. A) MC<sub>2</sub> to MC<sub>3</sub><sub>;</sub> increase B) MC<sub>2</sub> to MC<sub>3</sub><sub>;</sub> decrease C) MC<sub>1</sub> to MC<sub>2</sub><sub>;</sub> increase D) MC<sub>2</sub> to MC<sub>1</sub><sub>;</sub> increase

Starting with MB₁ (marginal benefit curve for the airport) and MC₂,suppose the federal government decided to increase security at the airport.As a result training costs for security guards increases.This would shift ______ and ______ the optimal number of security guard at the airport.

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The Answer of Suppose that the marginal benefit of having a security guard at the airport is MB₁,at the bank is MB₂,and at the mall is MB₃.The marginal cost of assigning security guard is the same for all three places,and it is represented by MC₂. Starting with MB₁ (marginal benefit curve for the airport)and MC₂,suppose the federal government decided to increase security at the airport.As a result training costs for security guards increases.This would shift ______ and ______ the optimal number of security guard at the airport.

Suppose That the Marginal Benefit of Having a Security Guard