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Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406

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BuyFindarrow_forward

Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406
Textbook Problem

Put forth two observations that are inconsistent with the cost–benefit theory of burglary discussed in the chapter.

To determine

Determine the observations that are inconsistent with the cost-benefit theory of burglary.

Explanation

Burglary is an illegal entry to a house or building by breaking the lock to commit the crime of theft. According to the theory of observation thought of criminals, the predictions that are inconsistent with the cost-benefit theory of burglary are explained below:

  • The cost-benefit theory of burglary is inconsistent in the situation where people installed more locks and a security system in their homes, which leads a high burglary rate...

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