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This post addresses crime and cost benefit analysis.
1.) Rational Choice theorists argue that would-be criminals make the decision to commit crimes based on a cost-benefit analysis. Do you agree with this school of thought? Why?
2.) Assuming that you agree with the thinking of rational theorists, what cost-benefit factors would an individual contemplating the following crimes consider:
-Participation in a banking embezzlement scheme that could potentially earn the individual $500,000 over the course of two years.
-Burglary of a house where the valuables contained could be sold for at least $500,000.
3.) How are the factors you identified similar or dissimilar for the embezzlement and burglary plots? Why?
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The largo publishing house uses 400 printers and 200 printing presses to produce books. A printer's wage rate is $20, and the price of the printing press is $5,000.
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