Suppose That the Marginal Benefit of Having a Security Camera

question 30

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.
An increase in crime would ______ expenditures on security cameras and _____ the number of cameras.

• A) increase;increase
• B) increase;decrease
• C) decrease;increase
• D) decrease;decrease

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Definitions:

Consistency

The quality of being uniform, stable, and free from contradiction over time.

Internal Causes

Factors within a person, such as their traits, emotions, or beliefs, that contribute to their behavior or actions.

Distinctiveness

The quality of being notably different or unique in comparison to others.

Different Situations

Various and distinct scenarios or conditions each requiring unique responses or behaviors.