According to Felknes (1984),in One Study,more Than What Percent of Officers

question 21

Multiple Choice

According to Felknes (1984) ,in one study,more than what percent of officers surveyed responded that they depended mostly on their own personal ethics rather than law enforcement ethics to guide them in their professional activities?

• A)25%
• B)50%
• C)65%
• D)75%

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Definitions:

Marginal Cost

The expenditure required to produce one more unit of a particular product or service.

Monopolistically Competitive

A market structure characterized by many firms, differentiated products, and free entry and exit, allowing firms some control over price while still competing on quality, branding, and price.

Externality

A cost or benefit that affects a third party who did not choose to incur that cost or benefit.

Efficient Scale

The level of production at which a firm's average total costs are minimized.