Business, 05.10.2019 00:10 Isa035

Economists henry saffer of kean university, frank j. chaloupka of the university of illinois at chicago, and dhaval dave of bentley college estimated that the government must spend $4,170 on drug control to deter one person from using drugs and that the cost one drug user imposes on society is $897. based on this information alone, should the government spend the money on drug control? a. yes, since the marginal cost of drug control is less than the marginal benefit, the government should spend $4,170 to deter one person from using drugs.
b. no, since the marginal cost of drug control exceeds the marginal benefit, the government should not spend $4,170 to deter one person from using drugs.
c. no, since the marginal cost of drug control is less than the marginal benefit, the government should not spend $4,170 to deter one person from using drugs.
d. yes, there are moral, ethical, and societal costs to allowing the propagation of drugs in our society.

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Economists henry saffer of kean university, frank j. chaloupka of the university of illinois at chic...

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