What is the net social benefit

Assignment Help Finance Basics

Reference no: EM131419811

Because of a 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 of 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?

Reference no: EM131419811

Questions Cloud

Find the new cost of equity : ABC Company has a cost of equity of 12%. EBIT is 100. They currently have no debt. Find the new cost of equity if they changed to using a capital structure that used 30% debt and 70% equity. The interest rate on the debt is 4% and the tax rate is ..

Determine the type of response for each identified risk : Determine the type of response for each identified risk (avoid, transfer, mitigate, or accept). Thoroughly describe what the specific response will be, including any additional tasks to the project plan or a contingency budget where appropriate.

Create a culture that thrives on team building : Imagine you have just been promoted to be the president of your company. You are tasked to create a culture that thrives on team building. You are also required to build a performance rewards program

How the author could make the work stronger : How the author could make the work stronger?The recommend audience of the article?Explain how this article contributes to understanding the history of the United States.An example of how this.articlesupports/contradicts Competing Visions.Suggested re..

What is the net social benefit : 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?

How many days does it take the firm to pay its suppliers : ABC Company has annual sales of $628,885. The cost of goods sold are $432,208. The firm has an accounts receivable balance of $15,425 and an accounts payable balance of $31,027. How many days does it take the firm to pay its suppliers? Assume 365..

What is walt disney companys corporate strategy : What is Walt Disney Company's corporate strategy? What is your assessment of the long-term attractiveness of the industries represented in Walt Disney Company's business portfolio?

Sales in the month of sale : ABC collects 42 percent of its sales in the month of sale and the remainder is collected in the following month. What is the amount of the February cash collections?

What is the firm net float : ABC Company writes 54 checks a day for an average amount of $986 each.These checks generally clear the bank in 5 days. In addition, the firm generally receives an average of $11,662 a day in checks that are deposited immediately. Deposited funds a..

User Account

All Pages