After the 9/11 attacks, a debate is held in Congress. Members of both parties ag

Question

After the 9/11 attacks, a debate is held in Congress. Members of both parties agree that security measures need to be improved. However, there is some disagreement as to how mu Ch additional security is needed. Suppose the first bill is passed, raising the probability of catching any given terrorist from 10% to 20%. However, this isn't enough for some. One representative introduces a bill that would increases security by an additional 10 percentage points, from 20% to 30%. Again, assume these measures do not change the position of the curve. What is the opportunity cost of this additional measure? 15 million additional visitors per year 35 million additional visitors per year 40 million additional visitors per year 10 million additional visitors per year 20 million additional visitors per year

Explanation / Answer

c is right option

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