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microbook_3e-page82 - paperwork beat walks many hours of...

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Unformatted text preview: paperwork beat walks many hours of paperwork few hours on patrol police budget constraint The police force has a limited number of officers who divide their time between filing paperwork and walking their beat. The police budget constraint reflects the tradeoff between paperwork and walking the beat at the maximum level of police activity. A police force that spends most of its time filing paperwork spends few hours on patrol. Whereas a police force that spends little time filing paperwork can spend more time on patrol. few hours of paperwork many hours on patrol In order for a police force to spend most of its time filing paperwork, it cannot spend much time walking the beat. Conversely, a police force that spends most of its time walking the beat cannot spend much time filing paperwork. At the point where the budget constraint intersects the “paperwork” axis, the police spend all of their time filing paperwork and cannot spend any time on patrol or walking the beat. Similarly, at the point where filing paperwork and cannot spend any time on patrol or walking the beat....
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This note was uploaded on 12/29/2011 for the course ECO 311 taught by Professor Willis during the Fall '10 term at SUNY Stony Brook.

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