The National Institute of Justice Can Issue a Privacy Certificate

question 53

True/False

The National Institute of Justice can issue a Privacy Certificate, which protects researchers from being legally required to disclose confidential information

---

Definitions:

Total Profit

The overall financial gain made in a business transaction or operation, calculated as the revenue minus the costs of achieving that revenue.

Total Loss

A situation in insurance or business where the cost of repair or recovery exceeds the value of the asset or investment.

Long Run

A period in economics during which all factors of production and costs are variable, and firms can adjust all inputs.

Efficient Output

The level of production that maximizes a firm's profits while minimizing its costs, often associated with where marginal cost equals marginal revenue.