Answer:
The efficient level of security is 4 hours of security.
The equilibrium may not be sustainable.
Explanation:
In order to calculate the efficient level of security we would Set MB=MC i.e. guard's wage for net benefit maximization.
Hence, 100/(1+S)=20
20*(1+S)=10
1+S=5
S=4
Therefore, 4 hours of security is needed
. The efficient level of security is 4 hours of security.
In the followig case Security guards is public good in this case, Public good is non-excludable and non-rivalrous. People cannot be stopped from using it without paying for it. Payment for security guard is voluntary. So, equilibrium may not be sustainable.
Which of the following items determine your preference for a ticket
Answer:
that depens am i going to regreat it or not?
Explanation:
Because the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
<h3>What is an
original age?</h3>
In a life policy, an Original Age refers to the age of an insured at the inception of a life insurance policy.
Therefore, as the the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
Read more about original age
<em>brainly.com/question/26386049</em>
Answer:
In real dollars, Babe Ruth's salary = $80,000 / 0.0645 (CPI 1930) = $1,240,000
Since Babe Ruth was the highest paid baseball player back then, if we compare his updated salary to Kershaw's salary, it represents only = $1,240,000 / $33,000,000 = 3.76%.
That means that most of the players' salary raise was due to other factors, not just inflation.
