It Is Socially Optimal to Hire an Additional Police Officer

question 27

Multiple Choice

It is socially optimal to hire an additional police officer if:

• A)the marginal benefit of doing so is positive.
• B)hiring an additional police officer reduces crime.
• C)the marginal benefit of doing so is greater than the marginal cost.
• D)the marginal benefit of hiring a police officer is decreasing.

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Definitions:

Good Citizens

Individuals who contribute positively to society through their actions, behaviors, and adherence to laws and societal norms.

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true, due to positive feedback between belief and behavior.

Deduction Theorem

A principle in logic stating that if a particular conclusion can be logically derived from a set of premises, then the implication of these premises leading to that conclusion is also true.

Gender Discrimination

Involves rewarding men and women differently for the same work.