Which Statement Would Most Closely Conform with the Analysis Offered

question 2

Multiple Choice

Which statement would most closely conform with the analysis offered by social conflict theorists?

• A)Inequality is the root of most crime.
• B)The commission of crime is not a personal choice.
• C)Crime can be solved by eliminating high tax rates.
• D)Making everybody rich would not solve the problem of crime as even minor differences in wealth will always exist.

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Definitions:

Marginal Cost

The change in total cost that arises when the quantity produced changes by one unit; essentially the cost of producing one additional unit of a good or service.

Price-Taker Firm

A firm that has no control over the market price and must accept the prevailing market price for its product.

Marginal Cost

The expense associated with manufacturing an extra unit of a product or service.

Marginal Revenue

The increase in revenue that results from the sale of one additional unit of a product or service.