Why does costs make economic sense to build more prisons


Problem

Economist Steven D. Levitt estimated that, on average, for each additional criminal locked up in the United States, 15 crimes are eliminated. In addition, although it costs about $30,000 a year to keep a prisoner incarcerated, the average prisoner would have caused $53,900 worth of damage to society per year if free. If this estimate is correct, does it make economic sense to build more prisons?

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: Why does costs make economic sense to build more prisons
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