Question: It has been estimated that private prisons are about 5 to 15 percent cheaper, on a per prisoner basis, than public prisons [Economist, 2007b]. On

It has been estimated that private prisons are about 5 to 15 percent cheaper, on a per prisoner basis, than public prisons [Economist, 2007b]. On this basis, would you recommend that prisons be privatized? If not, what other information would you require?

Step by Step Solution

★★★★★

3.48 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

It has been estimated that private prisons are about 5 to 15 percent cheaper on a per prisoner basis ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Bud Bunyan opened Bunyan's Supply five years ago. Over the years he has been pleased with its performance, as sales and profits have steadily increased. Recently, however, Bud bas been having...

It has been estimated that the average dinner check at Mortons, the worlds largest chain of upscale steakhouses, is $97 per person. Such a finding could have been based on data like the 800 sample...

It has been estimated that a certain stream can support 85,000 fish if it is pollution-free. It has further been estimated that for each ton of pollutants in the stream, 1700 fewer fish can be...

It has been estimated that for every dollar spent cleaning up hazardous waste sites, administrative agencies spend seven dollars in overhead. Can you think of any way to trim these administrative...

It has been estimated that private prisons are about 10 percent cheaper, on a per prisoner basis, than public prisons [Hart, Shleifer, and Vishny, 1997]. On this basis, would you recommend that...

Please read the first document and then answer document 2 question. Please use word write about 4 pages. Please use paraphrasing, do not copy the article. Thank you!!! Critical Perspectives on...

1.Keeping in mind theAccounting for the Public Interest: A RevenueRecognition Dilemma case: How would thecontract approach under Topic 606 impact the revenue recognition dilemma in the case? 2. Post...

Provide your answer to the following question contained with theAccounting for the Public Interest: A Revenue Recognition Dilemma case: 5. After careful consideration of the public interest...

1. Read sections I, II, IV, V, VI and VIII of the IDB document titled 'Financial Regulation in the English-Speaking Caribbean: Is it Helping or Hindering Microfinance?' which is located at...

"Prisoners Rise, Rise, Rise!" Hip Hop as a Ciceronian Approach to Prison Protest and Community Care" explain a critical analysis summation on the chapter title assigned in relation to one of the key...

I am working on my group project for the class teaching by prof. Karen Kukla. My group chose the business EduXperience . There are 3 part of the project: and I need help for question 2. Description...

Write the complete ionic equation for CaCl2(aq) + Pb(NO3)2(aq) ( Ca(NO3)2(aq) + PbCl2(s)

Case Study 9-1 LIFO Accounting at Tamar Chemicals Purchasing Policy Under LIFO Tamar Chemicals sells chemical compounds made from a mate rial known as Rtu330. The company has used LIFO as its inven-...

6 Project A has an NPV of $ 2 0 , 0 0 0 and a PI of 1 . 2 . Project B has an NPV of $ 1 0 , 0 0 0 and a Pl of 1 . 3 . The two projects are independent of one another and both projects have equal...

4) a) Cerium is most often encountered in the +3 and +4 oxidation states. Calculate Zeft for a 4f, 5d, and 6s electron of a cerium atom using Slater's rules. Based on your results, predict which...

Dilara and Aysha have inherited a winery from their great grandfather Ankit, called Ankita. Dilara and Aysha have continued to run the winery as a going concern. They share profits equally. As the...

A compound has pKa = 7.2. 40 mL of 1 M HCl is added to 100 mL of 1M of this compound at pH = 7.8. What is the pH of the resulted solution? Show calculations. Draw the titration curve. Point the...

40.4A Rock, Hill and Pine enter into a joint venture for dealing in paintings. The following trans- actions tk place: 20X4 1 Rock rented a shop paying 3 months rent 2,100. 3 Hill bought a van for...

What is mathematics change our daily lives and previous belief about mathematics

ROPI, WACC Need to fill out this chart below to find terminal growth rates for Apple using WACC. Info on estimated stock price in information section below. Estimated stock price in "ROPI" tab is...

this is all one problem but I just need help with part 6. please Estimated factory overhead costs for March: Indirect factory wages Depreciation of plant and equipment Estimated operating expenses...

In excel form: This is all the information given, please answer all thank you O Required information [The following information applies to the questions displayed below.) Sweeten Company had no jobs...

40,0002 Required information [The following information applies to the questions displayed below.) XYZ is a calendar-year corporation that began business on January 1, 2021. For the year, it reported...

Part 1 1(a). Which of Arcticas models is its best-selling snowmobile in the current year? 1(b). What is that models current year sales? 2. What is the total estimated warranty expense for 2 years...

PLEASE HELP 1. 2. 3. 4. 5. 6. 7. 8. Required information The following information applies to the questions displayed below] Sweeten Company had no jobs in progress at the beginning of the year and...