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​If the Supply Curve Decreases While the Demand Curve Remains

question 91

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​If the supply curve decreases while the demand curve remains unchanged, the equilibrium price would increase.


Definitions:

Longer Sentences

Refers to the imposition of extended periods of imprisonment as punishment for crimes.

Penal Sanctions

Penalties imposed for violating laws or regulations, which can include fines, imprisonment, or other forms of punishment.

Truth-in-Sentencing Laws

Legislation requiring convicted individuals to serve a substantial portion of their sentence before being eligible for parole.

Violent Crimes

Criminal acts that involve force or the threat of force against others, such as murder, rape, robbery, and assault.

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