According to economists Henry Saffer of Kean University, Frank J. Chaloupka of the University of Illinois at

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According to economists Henry Saffer of Kean University, Frank J. Chaloupka of the University of Illinois at Chicago, and Dhaval Dave of CUNY Graduate Center, using the criminal justice system to deter one person from using drugs costs $1,733, and using treatment centers costs $1,206.

a. Which of the two programs would you recommend?

b. What additional information do you need to determine whether either is worth pursuing?

c. The authors estimated that the social cost to society of a person using drugs is $897. Based on this information alone, should the government spend the money on drug control?

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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