Which of the Following Statements Is True of the Crime

question 17

Multiple Choice

Which of the following statements is true of the crime rates and the prison population in the United States?

• A) Serious crime continues to increase, while the prison population continues to decrease.
• B) Serious crime continues to decrease, while the prison population continues to increase.
• C) Serious crime continues to increase, causing the prison population to increase.
• D) Serious crime continues to decrease, causing the prison population to decrease.

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Definitions:

Optimal Point

The most favorable position or condition that yields the maximum benefit or efficiency in a given situation, such as in investment or production.

Credit Policy

Rules a business adheres to for assessing a customer's eligibility for credit and the stipulations under which it is offered.

Opportunity Cost

The most valuable alternative that is given up if a particular investment is undertaken.

Incremental Cost

The additional cost incurred to produce one more unit of a product or service.