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Four Stores Have a Problem with Theft and Security Is

question 36

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Four stores have a problem with theft and security is a public good.Let S stand for the number of person-hours of security patrols per week.The marginal benefit of security patrols to each of the stores is given by the formula Four stores have a problem with theft and security is a public good.Let S stand for the number of person-hours of security patrols per week.The marginal benefit of security patrols to each of the stores is given by the formula   Patrols cost $25 per hour.If each store provided security independently,how much would each store provide (rounded to the nearest whole number) ? A)  88 person-hours of patrols per week B)  168 person-hours of patrols per week C)  22 person-hours of patrols per week D)  97 person-hours of patrols per week Patrols cost $25 per hour.If each store provided security independently,how much would each store provide (rounded to the nearest whole number) ?

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Definitions:

Organizational Settings

The physical and social environment in which organizational activities occur, including structures, culture, and processes.

Creativity

The ability to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.

Alone

The state of being by oneself, not accompanied by or in conjunction with others.

Post-Decisional Justification

The cognitive process of justifying one's choices after a decision has been made, often to reduce dissonance.

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