A police department is trying to allocate crime control resources between murder and burglary.Detectives cost $40,000 each.Suppose that she marginal benefit of one less murder is $20,000 while the marginal benefit of one less burglary is $1,000.The number of murders and burglaries that occur at different levels of detective allocation is shown in the table.
The marginal benefits of 1,2,3,and 4 detectives being assigned to burglary prevention are
A) $40,000,$30,000,$20,000,and $10,000.
B) $60,000,$30,000,$10,000,and 0.
C) $40,000,$70,000,$90,000 and $100,000.
D) 40,30,20,and 10.
Correct Answer:
Verified
Q130: Suppose that the marginal benefit of having
Q132: Suppose that the marginal benefit of having
Q132: Using the economist's definition,to say that the
Q133: Suppose a treacherous stretch of road
Q134: Suppose a treacherous stretch of road
Q135: Suppose that the marginal benefit of having
Q136: Suppose a treacherous stretch of road
Q137: Suppose that the marginal benefit of having
Q138: Suppose that the marginal benefit of having
Q140: A police department is trying to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents