Multiple Choice
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. What is the socially efficient level of security (rounded to the nearest whole number) ?
A) 88 person-hours of patrols per week
B) 168 person-hours of patrols per week
C) 22 person-hours of patrols per week
D) 97 person-hours of patrols per week
Correct Answer:

Verified
Correct Answer:
Verified
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