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Because of the recent wave of jewelry store robberies, a city increases police surveillance of jewelry stores. The increased surveillance costs the city an extra $500,000 per year, but as a result, the amount f jewelry that is stolen falls. Specifically, without the increase in surveillance, jewelry with a retail value of $1 million would have been stolen. This stolen jewelry would have been fenced by the jewelry thieves for $600,000. What is the net social benefit resulting from the police surveillance program (Hints: specify who would you give standings in your analysis.)
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In the 1950's and early 60's the use of DDT was rampant. (See Video). But almost everyone accepted the blanketing of our parks, neighborhoods, lunchrooms, and even our living rooms because they just thought it was the right thing to do. Now t..
Can anybody assist me with methods that can be used to convey information and identify sustainability improvements in a business?
How does discrimination effect the amount of money that a person earns? What causes this type of discrimination?
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