You Drive to Work Each Day

question 39

Multiple Choice

You drive to work each day.The best example of an internal cost is the:

• A) amount of pollution emitted by your car.
• B) congestion created by your car being on the road.
• C) amount the government paid to build the road.
• D) amount you pay to maintain your car.
• E) amount of money you save each day by avoiding the toll roads.

Understand the socio-economic factors contributing to crime, particularly among low-income women.

Differentiate between functionalist and conflict theories of deviance and their applicability to current phenomena.

Analyze how social inequalities are reflected and perpetuated by the criminal justice system.

Understand how social class influences the likelihood of victimization by crime.

---

Definitions:

Maximize Profit

The primary goal of businesses to achieve the highest possible profit margin by optimizing revenue while minimizing costs.

Fixed Costs

Costs that do not vary with the level of production or sales, including rent, salaries, and insurance premiums, providing stability in budgeting and planning.

Value-based Pricing

A pricing strategy where the price is set based on the perceived value to the customer rather than based on the cost of the product or historical prices.

Economic Value

The measure of the benefit provided by a good or service to an economic agent.