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The 1980s saw a trend toward old-fashioned punitive deterrence as opposed to the more liberal penal policies and community-based corrections popular in the 1960s and early 1970s. As a result, prisons became more crowded, and the gap between the number of people in prison and the prison capacity widened. The number of prisoners (in thousands) in federal and state prisons is approximated by the function
Where t is measured in years, with corresponding to 1983. The number of inmates for which prisons were designed is given by
Where C(t) is measured in thousands and t has the same meaning as before. Find an expression that shows the gap between the number of prisoners and the number of inmates for which the prisons were designed at any time t.
Behavioral Economists
Scholars examining how psychological, cognitive, emotional, cultural, and social influences affect the financial choices of individuals and organizations.
Gains
Increases in economic benefits, such as profits, revenue, or utility.
Losses
Negative financial results from business operations, where expenses exceed revenues.
Contextual Information
Relevant background details or circumstances that help in understanding the full scope of a situation.
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