Suppose That the Marginal Benefit of Having a Security Camera

question 91

Multiple Choice

Suppose that the marginal benefit of having a security camera in the library is given by MB,at the supermarket is given by MB₁ and at the museum is given by MB₂.All values are per week.
The marginal cost of providing security cameras would shift from MC to MC₁ if

• A) a natural disaster increased the value of security cameras in a neighboring town.
• B) technological advances made it easier to monitor multiple cameras from a single location.
• C) more firms began substituting cameras for live security guards.
• D) a crime wave increased the demand for security.

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Definitions:

Positive Benefits

Advantages or favorable outcomes resulting from an action, condition, or policy, intended to enhance well-being or performance.

Interpersonal Mastery

The ability to effectively manage and navigate social interactions and relationships.

Integrative Complexity

A psychological construct that measures an individual's ability to recognize multiple perspectives and integrate them into a coherent understanding.

Deliberately Formed

Refers to groups or entities created with specific intentions or objectives in mind.