Multiple Choice
Suppose that the marginal benefit of having a security camera in the library is given by MB,at the supermarket is given by MB1 and at the museum is given by MB2.All values are per week.
The marginal cost of providing security cameras would shift from MC to MC1 if
A) a natural disaster increased the value of security cameras in a neighboring town.
B) technological advances made it easier to monitor multiple cameras from a single location.
C) more firms began substituting cameras for live security guards.
D) a crime wave increased the demand for security.
Correct Answer:

Verified
Correct Answer:
Verified
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