Return of a Person on Parole to Prison for Violation

question 34

Multiple Choice

Return of a person on parole to prison for violation of a parole condition is called ______.

• A) probation revocation
• B) parole revocation
• C) parole suspension
• D) denial of parole

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Definitions:

Product Differentiation

A strategy that firms use to achieve market power. Accomplished by producing goods that differ from others in the market.

Barriers

Factors or conditions that obstruct entry into a market, restrict competition, or hinder business operations and growth.

Homogeneous Product

A product that is considered the same across different producers, making it indistinguishable in the eyes of the consumer.

Differentiated Product

A product that is distinct from its competitors by virtue of unique features, benefits, or quality.