New Normal University Has Found It Necessary to Institute a Crime-Control

Multiple Choice

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. If New Normal University undertakes program Level Three,

A) total benefits will be less than total costs.
B) marginal costs will exceed marginal benefits.
C) there would be an underallocation of resources to crime control.
D) there would be an overallocation of resources to crime control.