Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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The Lo-Jack recovery system allows the police to track stolen cars. As a result, they not only recover 90% of Lo-Jack-equipped cars that are stolen but also arrest many auto thieves and shut down many "chop shops" that take apart stolen vehicles to get at their used parts. Thus Lo-Jack provides both private benefits and positive externalities. Should the government consider subsidizing Lo-Jack purchases?
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Should the government consider subsidizing Lo-Jack purchases?
Yes, Government should subsidize The Lo-Jack recovery system because as per statement it helps to provide safety to the vehicle and help in the arresting of thieves. If govt subsidizes the lock system then it will get pocket friendly to all the society and provide safety to all the vehicle and help in decreasing the number of thieves.
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