{"id":68169,"date":"2016-08-01T03:42:57","date_gmt":"2016-08-01T03:42:57","guid":{"rendered":"http:\/\/essayparlour.com\/paperhelp\/uncategorized\/s-use-s-to-stand-for-the-show-more-three-stores-have-a-pr\/"},"modified":"2016-08-01T03:42:57","modified_gmt":"2016-08-01T03:42:57","slug":"s-use-s-to-stand-for-the-show-more-three-stores-have-a-pr","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/paperhelp\/economics\/s-use-s-to-stand-for-the-show-more-three-stores-have-a-pr\/","title":{"rendered":"s use S to stand for the&#8230; Show more Three stores have a pr"},"content":{"rendered":"<p>s use S to stand for the&#8230; Show more Three stores have a problem with theft, and security is a public good. Let\u2019s use S to stand for the number of person-hours of security patrols per week. The marginal benefit of security patrols to each of the stores is given by the formula MB = 100 \u2013 2S, and the cost of patrols is $30 per hour. What is the socially efficient level of security? If security is left to the independent decisions of the stores, what will they choose? How would your answer change if there were 5 stores? \u2022 Show less<\/p>\n<p><a href='http:\/\/essayparlour.com\/order'><img id='order_now' class='aligncenter' src='http:\/\/essayparlour.com\/wp-content\/uploads\/2016\/07\/8952039_orig.png' alt='Order Now' name='order_now'><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>s use S to stand for the&#8230; Show more Three stores have a problem with theft, and security is a public good. Let\u2019s use S to stand for the number of person-hours of security patrols per week. The marginal benefit of security patrols to each <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-68169","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/68169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/comments?post=68169"}],"version-history":[{"count":0,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/68169\/revisions"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/media?parent=68169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/categories?post=68169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/tags?post=68169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}