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Author Question: Broomfield city council is deciding how many police officers the city needs. Broomfield's population ... (Read 74 times)

penguins

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on: Jun 29, 2018
Broomfield city council is deciding how many police officers the city needs. Broomfield's population is 10,000 people. The marginal cost of a police officer is 60,000 per year.
 
  The marginal benefit schedule of an average city resident from police protection is shown in the table above. Police protection is a public good. The marginal benefit for all of Broomfield from hiring the 4th police officer is A) 56,000.
  B) 5.60.
  C) 8,000.
  D) 6.00.

Question 2

When a government fines and/or imprisons persons convicted of using illegal drugs, the government is attempting to decrease the illegal drug trade by shifting the ________ curve for illegal drugs ________.
 
  A) demand; rightward
  B) demand; leftward
  C) supply; rightward
  D) supply; leftward


nothere

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


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