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 thesealternatives.Level One -1 SecurityOfficerTotal Benefits PerTotalYear (reduction inCostsPer Yearthe costs ofcrime)$20,000 $ 80,000Level Two -1 SecurityOfficer With Guard DogLevel Three -1 SecurityOfficer With Guard Dogand Patrol Car30,000120,00040,000140,000Level Four -2 SecurityOfficers With Guard Dog50,000155,000Level Five -2 SecurityOfficers With Guard Dogand Patrol Car60,000160,000The maroinal benefits of crime control for Level Two are Multiple Choice$ 90,000.$40,000.О$ 60,000.$200,000.

The extra value or satisfaction received from consuming an additional unit of a product or service…

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. Total Costs Total Benefits Per Year (reduction in Per Year the costs of crime) Level One -1 Security Officer Level Two -1 Security Officer With Guard Dog Level Three -1 Security Officer With Guard Dog and Patrol Car $20,000 $ 80,000 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

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. Total Costs Total Benefits Per Year (reduction in Per Year the costs of crime) Level One -1 Security Officer Level Two -1 Security Officer With Guard Dog Level Three -1 Security Officer With Guard Dog and Patrol Car $20,000 $ 80,000 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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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