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New Normal University has found it necessary to institute a crime-control program on its campus to deal with the high costs of theft and vandalism. The university is now considering several alternative levels of crime control. This table shows the expected total annual costs and benefits of these alternatives. Total Costs Total Benefits Per Year (reduction in Per Year the costs of crime) Level One -1 Security Officer Level Two -1 Security Officer With Guard Dog Level Three -1 Security Officer With Guard Dog and Patrol Car $20,000 $ 80,000 30,000 120,000 40,000 140,000 Level Four -2 Security Officers With Guard Dog 50,000 155,000 Level Five -2 Security Officers With Guard Dog and Patrol Car 60,000 160,000 The maroinal benefits of crime control for Level Two are

New Normal University has found it necessary to institute a crime-control program on its campus to deal with the high costs of theft and vandalism. The university is now considering several alternative levels of crime control. This table shows the expected total annual costs and benefits of these alternatives. Total Costs Total Benefits Per Year (reduction in Per Year the costs of crime) Level One -1 Security Officer Level Two -1 Security Officer With Guard Dog Level Three -1 Security Officer With Guard Dog and Patrol Car $20,000 $ 80,000 30,000 120,000 40,000 140,000 Level Four -2 Security Officers With Guard Dog 50,000 155,000 Level Five -2 Security Officers With Guard Dog and Patrol Car 60,000 160,000 The maroinal benefits of crime control for Level Two are

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 31CTQ: If a government gains from unexpected inflation when it borrows, why would it choose to offer...
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New Normal University has found it necessary to institute a crime-control program on its campus to deal with the high costs of theft and vandalism. The university is now considering several alternative levels of crime control. This table shows the expected total annual costs and benefits of these alternatives. Level One -1 Security Officer Total Benefits Per Total Year (reduction in Costs Per Year the costs of crime) $20,000 $ 80,000 Level Two -1 Security Officer With Guard Dog Level Three -1 Security Officer With Guard Dog and Patrol Car 30,000 120,000 40,000 140,000 Level Four -2 Security Officers With Guard Dog 50,000 155,000 Level Five -2 Security Officers With Guard Dog and Patrol Car 60,000 160,000 The maroinal benefits of crime control for Level Two are
Transcribed Image Text:New Normal University has found it necessary to institute a crime-control program on its campus to deal with the high costs of theft and vandalism. The university is now considering several alternative levels of crime control. This table shows the expected total annual costs and benefits of these alternatives. Level One -1 Security Officer Total Benefits Per Total Year (reduction in Costs Per Year the costs of crime) $20,000 $ 80,000 Level Two -1 Security Officer With Guard Dog Level Three -1 Security Officer With Guard Dog and Patrol Car 30,000 120,000 40,000 140,000 Level Four -2 Security Officers With Guard Dog 50,000 155,000 Level Five -2 Security Officers With Guard Dog and Patrol Car 60,000 160,000 The maroinal benefits of crime control for Level Two are
Multiple Choice $ 90,000. $40,000. О $ 60,000. $200,000.
Transcribed Image Text:Multiple Choice $ 90,000. $40,000. О $ 60,000. $200,000.
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