Two officers are working in a police department. During a working day Officer One can either catch 20 criminals or she can write 60 reports. During a working day Officer Two can either catch 2 criminals of she can write 21 reports. The boss of the officers has the following utility function U=min(criminals; reports). Officers want to make their boss as happy as possible. Find how many criminals will be optimally caught during the day.
Two officers are working in a police department. During a working day Officer One can either catch 20 criminals or she can write 60 reports. During a working day Officer Two can either catch 2 criminals of she can write 21 reports. The boss of the officers has the following utility function U=min(criminals; reports). Officers want to make their boss as happy as possible. Find how many criminals will be optimally caught during the day.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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