If each security guard is paid 200 a week and the cost of


If each security guard is paid $200 a week, and the cost of the stolen radio is $25,

a. how many guards are needed to hire?

b. If the cost of a stolen radio is $25, what is the most a firm should pay the first security guard?
c. If each guard is paid $200 a week, and the cost of a stolen radio is $50, how many security guards the firm should hire?

Guards Stolen radios per week
0 50
1 30
2 20
3 14
4 08
5 06

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Econometrics: If each security guard is paid 200 a week and the cost of
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