suppose the first bill that is introduced mandates that security be improved so that the probability of catching a terrorist at the border increases from 10% to 15%, and these measures do not change the position of the blue curve. The opportunity cost of this increase in security is __________million visitors per year.
Suppose the first bill is passed, raising the probability of catching any given terrorist from 10% to 15%. However, this isn’t enough for some lawmakers. One representative introduces a bill that would increase security by an additional 15 percentage points.
