Refer to the Information Given in Table 16 -Refer to Table 16

question 114

Multiple Choice

Refer to the information given in Table 16.8 below to answer the question that follows.
Table 16.8
$$\begin{array} { c c c } \begin{array} { c } \text { Number of } \\\text { Police Officers }\end{array} & \begin{array} { c } \text { Tim's } \\\text { Willingness to Pay }\end{array} & \begin{array} { c } \text { Al's } \\\text { Willingness to Pay }\end{array} \\\hline 1 & \$ 200 & \$ 120 \\\hline 2 & 160 & 40 \\\hline 3 & 100 & 20 \\\hline\end{array}$$
-Refer to Table 16.8. Assume that the marginal cost of hiring a police officer is $120. If A and B are the only two people in the society, the optimal number of police officers is

• A) 1.
• B) 2.
• C) 3.
• D) indeterminate from this information.

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Definitions:

Behaviorists

Psychologists who focus on observable behaviors and the ways in which environment determines behavior, excluding mental processes.

Cognitive Neuroscientists

Scientists who specialize in studying the neural mechanisms underlying cognition, including thoughts, memories, and language.

Behavior Geneticists

Scientists who study the role of genetics and the environment in shaping behavior, often through twin, adoption, and family studies.

Evolutionary Psychology

An analytical framework applied in both social and natural sciences that investigates the psychological framework through the lens of contemporary evolutionary theory.