The Largest 2 Percent of Local Police Agencies Employ What

question 8

Multiple Choice

The largest 2 percent of local police agencies employ what percentage of local police officers?

• A) over 80 percent
• B) over 50 percent
• C) over 60 percent
• D) over 70 percent

---

Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and loan payments.

Profit Maximization

A financial strategy aimed at achieving the highest possible profit level for a business by adjusting output levels, pricing, or reducing costs.

Marginal Social Cost

The incremental cost borne by society due to the production of an extra unit of a good or service.

iTunes Download

A digital file, such as music or a movie, purchased and downloaded from Apple's iTunes platform.