Answered

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Would it be economically efficient to reduce the amount of crime to zero?

A. No. It would not be efficient to completely reduce crime because the marginal benefit of doing so likely exceeds the marginal cost.
B. Yes. Crime should be completely reduced.
C. No. Crime should never be reduced.
D. No. It would not be efficient to completely reduce crime because the marginal cost of doing so likely exceeds the marginal benefit.
E. No. Crime should not be completely reduced because the social cost of crime exceeds the private cost of crime.

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