Marty, a Musician, Frequently Plays at Large Parties and Nightclubs

question 34

Multiple Choice

Marty, a musician, frequently plays at large parties and nightclubs. Marty has musical equipment worth $8,000, and he takes precautions to prevent theft. The marginal benefit of these precautions is given by MB = 60 - 3A, where A is the number of precautions Marty takes to reduce theft. The marginal cost of preventing theft (i.e., the time, energy, and effort expended) is given by MC = 2A. What is Marty's optimal level of precautions?

• A) 20
• B) 12
• C) 30
• D) 60

---

Definitions:

Millennial Generation

A demographic cohort following Generation X, typically born between the early 1980s and mid-1990s, known for their comfort with technology and digital environments.

Video Games

Digital games that involve interaction with a user interface to generate visual feedback on a two- or three-dimensional video display device such as a TV screen or computer monitor.

Mobile Phone

A portable telephone that can make and receive calls over a radio frequency link while the user is moving within a telephone service area.

Generational Cohorts

Groups of individuals born in the same period, who share similar cultural experiences, attitudes, and values shaped by historical events and trends during their formative years.