-The Above Table Shows the Demand Schedule and Supply Schedule

question 514

Multiple Choice

-The above table shows the demand schedule and supply schedule for chocolate chip cookies. If the price is $4.00 per pound, there is a

• A) shortage of 3 pounds of chocolate chip cookies.
• B) shortage of 5 pounds of chocolate chip cookies.
• C) shortage of 2 pounds of chocolate chip cookies.
• D) surplus of 3 pounds of chocolate chip cookies.

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Definitions:

Law Enforcement

Law enforcement refers to the agencies and officers responsible for enforcing laws, maintaining public order, and providing public safety.

Indictment

A formal charge or accusation of a serious crime, issued by a grand jury.

Grand Jury

A group of citizens called to decide whether probable cause exists to believe that a suspect committed the crime with which he or she has been charged and thus should stand trial.

Probable Cause

A reasonable basis for believing that a crime may have been committed, which is necessary for issuing warrants and making arrests.