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Wayne ECON 3020 – A handgun manufacturer can make

01 / 10 / 2021 Projects

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Wayne ECON 3020 – A handgun manufacturer can make

A handgun manufacturer can make its handguns safer by adding a fingerprint recognition device to its products, so only the owner would be able to fire the gun. Adding the fingerprint recognition device costs $145 per handgun. The manufacturer estimates that this will prevent 150 injuries for every 100,000 handguns sold and that, onaverage, each injury causes $120,000 of harm. The injury cost per handgun is

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