# optimum level of guards

Twenty first century electronics has discovered a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards. A table shows the number of security guards affects the number of radios stolen per week.

number of guards... number of radios stolen per week

0 50

1 30

2 20

3 14

4 8

5 6

a). if each guard is paid 200 each week, and the cost of a stolen radio is $25, how many security guards should the firm hire?

b).the cost of a stolen radio is $25 what is the most the firm would be willing to pay to hire the first security guard?

c). if each security guard is paid 200, a week and the cost of a stolen radio is $50, how many security guards should the firm hire?

https://brainmass.com/economics/price-levels/optimum-level-of-guards-272217

#### Solution Preview

twenty first century electronics has discovered a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards. A table shows the number of security guards affects the number of radios stolen per week.

number of guards... number of radios stolen per week

0 50

1 30

2 20

3 14

4 8

5 6

a). if each guard is paid 200 each week, and the cost of a stolen radio is $25, how many security guards should ...