Police officers should be hired up to the point where

Question

Quizplus · Accepted Answer

The principle of marginal analysis suggests that resources should be allocated up to the point where the marginal benefit equals the marginal cost. In the context of hiring police officers, this means hiring should continue until the benefit of the last officer hired is just equal to the cost of hiring them. This ensures that resources are used efficiently without overspending for diminishing returns.

Police Officers Should Be Hired Up to the Point Where