Which of the Following Is NOT One of the Three

question 3

Multiple Choice

Which of the following is NOT one of the three key areas of concern raised about community justice models?

• A) Individual rights
• B) Social inequality
• C) Increased costs
• D) Political support

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Definitions:

Profit

The financial gain realized when the revenue generated from business activities exceeds the expenses, taxes, and costs incurred in sustaining business operations.

Contribution Margin Ratio

A financial metric that measures the proportion of revenue that exceeds variable costs, indicating how much revenue contributes towards covering fixed costs and generating profit.

Variable Expenses

Costs that change in proportion to the level of activity or volume of output in a business.

Fixed Expenses

Costs that do not change in total regardless of the level of production or sales activity, such as rent and salaries.