Ted Just Entered the Reception Center of His State's Correctional

question 71

Multiple Choice

Ted just entered the reception center of his state's correctional system. He is about to begin his 10-year prison sentence for the crime of armed robbery. During his classification, it becomes evident that Ted is in need of a wide variety of correctional treatment. Officer Smith is the official assessing Ted's needs. Next, Officer Smith needs to gather information concerning Ted's social adjustment, hygiene, and level of family support. This information is most likely gathered during the __________ assessment.

• A)academic
• B)needs
• C)risk
• D)recidivism

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Definitions:

Marginal External Cost

The additional cost incurred by society due to one more unit of a good or service being produced, that is not accounted for by the producer.

External Cost

A cost of a transaction that affects someone who is not directly involved in the transaction.

Profit Maximizing

A strategy or point at which a firm decides the price and output level that leads to the maximum profit.

MSB Curve

The Marginal Social Benefit curve, showing the extra benefit to society of producing one more unit of a good.