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Consider a Police Department Trying to Decide How to Allocate

question 53

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Consider a police department trying to decide how to allocate its crime prevention resources between motor vehicle thefts and burglaries. The marginal benefit of one less motor vehicle theft is $20,000, and the marginal benefit of one less burglary is $1,000. Suppose the annual number of motor vehicle thefts and the annual number of burglaries depends on the number of detectives assigned to each type of crime, as shown in the table below. Each detective costs $35,000 each per year, regardless of whether the detective is assigned to motor vehicle thefts or burglaries. Consider a police department trying to decide how to allocate its crime prevention resources between motor vehicle thefts and burglaries. The marginal benefit of one less motor vehicle theft is $20,000, and the marginal benefit of one less burglary is $1,000. Suppose the annual number of motor vehicle thefts and the annual number of burglaries depends on the number of detectives assigned to each type of crime, as shown in the table below. Each detective costs $35,000 each per year, regardless of whether the detective is assigned to motor vehicle thefts or burglaries.   Suppose the police department hires 4 detectives and assigns all of them to motor vehicle theft. The marginal benefit of the fourth detective assigned to motor vehicle theft is ______, and the marginal benefit that would have been gained had the detective instead been assigned to burglary is ______. A) $20,000; $40,000 B) $40,000; $40,000 C) $20,000; $20,000 D) $40,000; $20,000 Suppose the police department hires 4 detectives and assigns all of them to motor vehicle theft. The marginal benefit of the fourth detective assigned to motor vehicle theft is ______, and the marginal benefit that would have been gained had the detective instead been assigned to burglary is ______.


Definitions:

International Politics

The study of relationships and interactions between countries, focusing on diplomacy, conflicts, alliances, and international policies.

Leadership Role

A position within an organization or group that involves guiding and directing others to achieve specific goals.

Globalization

The process of transformation of local or regional phenomena into global ones, involving the interconnectedness of economies, societies, and cultures across the world.

Global North

Wealthy, industrialized countries in the northern hemisphere (previously referred to as the First World).

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