To discourage people from breaking laws against speeding, society can increase t

Question

To discourage people from breaking laws against speeding, society can increase the probability that someone exceeding the speed limit will be caught and punished, or it can increase the size of the fine for speeding. Explain why either method can be used to discourage speeding. Which approach is a government likely to prefer, and why? Either increasing the probability that someone speeding will be caught or increasing the size of the fine for speeding can discourage speeding because both A government is more likely to prefer the approach of 0 A. increasing penalties because increasing the probability of catching speeders seems unfair. the expected cost of speeding decrease increase O B. increasing penalties because increasing the probability of catching speeders is expensive C. increasing the probabity of catching speeders because increasing penalties is unfair. 0 D, increasing penalties because increasing the probability of catching speeders involves risk. 0 E. increasing the probabilty of catching speeders because increasing penalties is complicated.

Explanation / Answer

Both methods will increase the cost of the expected cost of spending.

McQ ans is B

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