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Four Stores Have a Problem with Theft and Security Is

Question 17

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Four stores have a problem with theft and security is a public good. Let S stand for the number of personhours of security patrols per week. The marginal benefit of security patrols to each of the stores is given by the formula Four stores have a problem with theft and security is a public good. Let S stand for the number of personhours of security patrols per week. The marginal benefit of security patrols to each of the stores is given by the formula   . Patrols cost $25 per hour. If each store provided security independently, how much would each store purchase? A)  15 person-hours of patrols per week B)  7 person-hours of patrols per week C)  8 person-hours of patrols per week D)  16 person-hours of patrols per week . Patrols cost $25 per hour. If each store provided security independently, how much would each store purchase?


A) 15 person-hours of patrols per week
B) 7 person-hours of patrols per week
C) 8 person-hours of patrols per week
D) 16 person-hours of patrols per week

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