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You are advising the governor of Utah how best to reform the parole system in his state. Any good parole system must balance the three functions of parole; it is up to you to advise him which is the most important in establishing an effective parole system. In your analysis to the governor, discuss which you think is most important, how you view the other two functions of parole, and how you feel each should be balanced with the other.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in its price, with high elasticity indicating greater responsiveness.
Total Expenditures
The sum of all spending or expenses incurred by an individual, household, or organization.
Perfectly Inelastic
describes a situation where the demand for a product does not change in response to changes in its price.
Unitary
Describes a system of government where there is no division of powers between regional governments and a central government, or a singular entity in a given context.
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