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Because of an increase in the number of stabbings, criminal justice personnel decide to charge everyone involved in such crimes, eliminate plea bargains, and hand out lengthier punishments when an individual is convicted of such crimes. This type of approach represents which definition of crime?
Output
The amount of goods or services produced by a firm, industry, or economy within a particular time period.
Marginal Cost
The elevation in comprehensive cost stemming from the creation of one more unit of a good or service.
Fixed Cost
Fixed costs are business expenses that remain constant regardless of the quantity of goods or services produced, such as rent or salaries.
Total Cost
The sum of fixed and variable costs incurred by a firm in producing and distributing a specified level of output.
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