To optimally deter crime, law enforcement authorities should: ...

[rachel9]

To optimally deter crime, law enforcement authorities should:
 
  A) set higher fines for crimes that have a lower probability of being caught.
  B) set the fine equal to the expected benefit, even if it is difficult to catch the offenders.
  C) ignore the probabilities of catching offenders and attempt to prevent crime at all costs.
  D) set very high fines regardless of the probability that an offender is caught.

Question 2

From Example 7.2, most pizza restaurants have large fixed costs and relatively low variable costs. What does this tell us about the average variable cost (AVC) of producing pizza?
 
  A) AVC is relatively low
  B) AVC is relatively high
  C) AVC is high for low quantities but declines quickly
  D) AVC is increasing for all quantity levels

[Laurenleakan]

Answer to Question 1

A

Answer to Question 2

A

[rachel9]

Thank you

[Laurenleakan]

Happy to help you