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

question 86

Multiple Choice

Vivaan, a musician, frequently plays at large parties and nightclubs. Vivaan 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 Vivaan 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 Vivaan's optimal level of precautions?

• A) 20
• B) 12
• C) 30
• D) 60

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Definitions:

Physical Abuse

The infliction of bodily harm upon another person through forceful actions, including hitting, beating, or burning.

Emotional Balance

A state of well-being where an individual is able to manage their emotions and remain calm and clear-headed in various situations.

Child-rearing Practices

The methods and strategies used by parents and caregivers to raise and educate children.

Separation Anxiety

A disorder characterized by excessive fear or anxiety about separation from home or an attachment figure.