ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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New Normal University has found it necessary to institute a crime-control program on its campus to deal with the high costs of theft and vandalism.
The university is now considering several alternative levels of crime control. This table shows the expected total annual costs and benefits of these
alternatives.
Level One -1 Security
Officer
Total Benefits Per
Total
Year (reduction in
Costs
Per Year
the costs of
crime)
$20,000 $ 80,000
Level Two -1 Security
Officer With Guard Dog
Level Three -1 Security
Officer With Guard Dog
and Patrol Car
30,000
120,000
40,000
140,000
Level Four -2 Security
Officers With Guard Dog
50,000
155,000
Level Five -2 Security
Officers With Guard Dog
and Patrol Car
60,000
160,000
The maroinal benefits of crime control for Level Two are
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Transcribed Image Text:New Normal University has found it necessary to institute a crime-control program on its campus to deal with the high costs of theft and vandalism. The university is now considering several alternative levels of crime control. This table shows the expected total annual costs and benefits of these alternatives. Level One -1 Security Officer Total Benefits Per Total Year (reduction in Costs Per Year the costs of crime) $20,000 $ 80,000 Level Two -1 Security Officer With Guard Dog Level Three -1 Security Officer With Guard Dog and Patrol Car 30,000 120,000 40,000 140,000 Level Four -2 Security Officers With Guard Dog 50,000 155,000 Level Five -2 Security Officers With Guard Dog and Patrol Car 60,000 160,000 The maroinal benefits of crime control for Level Two are
Multiple Choice
$ 90,000.
$40,000.
О
$ 60,000.
$200,000.
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Transcribed Image Text:Multiple Choice $ 90,000. $40,000. О $ 60,000. $200,000.
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