ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
he following chart indicates the reductions in total losses due to theft if a jewelry store hires additional security guards.
Number |
Dollar Value of |
of Guards |
Thefts Prevented |
1 |
150 |
2 |
240 |
3 |
310 |
4 |
360 |
5 |
400 |
6 |
430 |
If the security guards can be hired for $45 per day, how many guards should the shop hire?
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