Noel Has a Master's Degree in Forensic Science

question 39

Multiple Choice

Noel has a master's degree in forensic science. He is called to a murder trial as a witness for the prosecution and is shown a collection of photographs depicting a bullet recovered from the crime scene. He is able to identify the type of bullet, the caliber of the bullet, and the make and model of the gun from which the bullet was shot. In this scenario, Noel is most likely a(n) _____.

• A) lay witness
• B) expert witness
• C) eyewitness
• D) character witness

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Definitions:

Variable Cost Per Unit

The cost that varies with each unit produced, not including fixed costs.

Units Sold

The total number of units of a product that have been sold during a particular period.

Period Cost

Costs that are not directly tied to the production process and are expensed in the period they are incurred.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the benefits one could have received by taking a different action.