What variables would you consider in developing a model


Problem

Suppose you were to develop an economic model of criminal activities, say, the hours spent in criminal activities (e.g., selling illegal drugs). What variables would you consider in developing such a model? See if your model matches the one developed by the Nobel laureate economist Gary Becker.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What variables would you consider in developing a model
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