Question 1

Recreational activities for youths in depressed areas might help reduce criminal activities by increasing the opportunity cost of committing crimes.

Accepted Answer

A) True 
 B)False

Question 2

The more abortions a doctor performs,the fewer the appendectomies he can perform.Measuring the cost of an abortion in terms of the number of appendectomies he must forego performing is an illustration of the

Accepted Answer

A)  Economies of mass production
B)  Law of diminishing returns
C)  Opportunity cost principle
D)  Law of comparative advantage
E)  Law of demand

Question 3

Crime prevention is an example of a "free" good since it raises GDP above the level that it would be in the absence of prevention.

Accepted Answer

A) True 
 B)False

Question 4

Economists think that you can analyze why individuals commit crimes because

Accepted Answer

A)  Criminals are always trying to obtain monetary gains
B)  Criminals weigh the costs and benefits associated with the costs of committing a crime
C)  Crime has costs to society
D)  All of the above
E)  It is not possible to analyze the commission of crimes using economic analysis

Question 5

The Following Questions Refer to the table below. 
-The efficient number of units of crime prevention is

Accepted Answer

A)  1
B)  2
C)  3
D)  4
E)  5

Question 6

Public goods include things like concerts and theater performances.

Accepted Answer

A) True 
 B)False

Exam 5: Economics of Crime and Its Prevention: How Much Is Too Much

The Following Questions Refer to the table below. -The efficient number of units of crime prevention is

Correct Answer
verified

Public goods include things like concerts and theater performances.

Correct Answer
verified

Economists think that you can analyze why individuals commit crimes because

Correct Answer
verified

The more abortions a doctor performs,the fewer the appendectomies he can perform.Measuring the cost of an abortion in terms of the number of appendectomies he must forego performing is an illustration of the

Correct Answer
verified

Recreational activities for youths in depressed areas might help reduce criminal activities by increasing the opportunity cost of committing crimes.

Correct Answer
verified

Crime prevention is an example of a "free" good since it raises GDP above the level that it would be in the absence of prevention.

Correct Answer
verified

Exam 5: Economics of Crime and Its Prevention: How Much Is Too Much

The Following Questions Refer to the table below. -The efficient number of units of crime prevention is

Correct AnswerverifiedShow Answer

Public goods include things like concerts and theater performances.

Correct AnswerverifiedShow Answer

Economists think that you can analyze why individuals commit crimes because

Correct AnswerverifiedShow Answer

The more abortions a doctor performs,the fewer the appendectomies he can perform.Measuring the cost of an abortion in terms of the number of appendectomies he must forego performing is an illustration of the

Correct AnswerverifiedShow Answer

Recreational activities for youths in depressed areas might help reduce criminal activities by increasing the opportunity cost of committing crimes.

Correct AnswerverifiedShow Answer

Crime prevention is an example of a "free" good since it raises GDP above the level that it would be in the absence of prevention.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified