Examlex
___________ refer(s) to research that is conducted on the links between different types of crime and criminals.
Economic Costs
The total value of all resources used in the production of a good or service, including both explicit and implicit costs.
Normal Rate
A term often used to refer to the standard or commonly accepted rate for a financial or economic measurement, but can vary by context.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or investment.
Economic Profits
Profits exceeding the opportunity costs of all resources employed, reflecting a return beyond the normal profit level.
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