Review the Following Case and Answer the Questions Below

question 21

Essay

Review the following case and answer the questions below.
In March 2004, Audrey Seiler, a 20-year-old sophomore at the University of Wisconsin, disappeared from her apartment. She was found four days later lying in a marsh. She claimed to authorities that a man had abducted her at knifepoint. Later she was forced to admit staging the whole thing, blaming it on depression brought on by poor grades and a recent break-up with her boyfriend Parmar, 2004).
She was charged with obstructing an investigation.
-If Audrey Seiler had reported this crime to a friend, who then reported it to authorities, could she be charged with false reporting a crime?

---

Definitions:

Short Run

A time period in economics where at least one factor of production is fixed, limiting the immediate response of a firm to changes in market conditions.

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales.

Average Variable Cost

The total variable cost divided by the quantity of output produced.

Output

The amount of goods or services produced by a company, sector, or economy.