New Normal Unlversity has found It necessary to Institute a crime-control program on Its campus to deal with the high costs of theft and vandallsm. The university is now considering several alternative levels of crime control. This table shows the expected total annual costs benefits of these alternatives. Total Total Benefits Per Year (reduction in the costs of crime) $ 80,000 Costs Per Year $ 20,000 Level One -1 Security Officer Level Two -1 Security Officer With Guard Dog Level Three -1 Security Officer With Guard Dog and Patrol Car Level Four -2 Security officers with Guard Dog Level Five -2 Security officers With Guard Dog and Patrol Car 120,000 140,000 30,000 40,000 50,000 155,000 160,000 60,000 The marginal benefits of crime control for Level 5 are
New Normal Unlversity has found It necessary to Institute a crime-control program on Its campus to deal with the high costs of theft and vandallsm. The university is now considering several alternative levels of crime control. This table shows the expected total annual costs benefits of these alternatives. Total Total Benefits Per Year (reduction in the costs of crime) $ 80,000 Costs Per Year $ 20,000 Level One -1 Security Officer Level Two -1 Security Officer With Guard Dog Level Three -1 Security Officer With Guard Dog and Patrol Car Level Four -2 Security officers with Guard Dog Level Five -2 Security officers With Guard Dog and Patrol Car 120,000 140,000 30,000 40,000 50,000 155,000 160,000 60,000 The marginal benefits of crime control for Level 5 are
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:New Normal Unlversity 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
benefits of these alternatives.
Total
Total Benefits Per Year
Costs Per
(reduction in the costs of
Year
crime)
Level One -1 Security Officer
$ 20,000
$ 80,000
Level Two -1 Security Officer With Guard Dog
30,000
120,000
Level Three -1 Security Officer With Guard Dog and Patrol Car
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 marginal benefits of crime control for Level 5 are
Multiple Cholce
$20,000.
$5,000.
$10,000.
$160,000.
$60,000.
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