Examlex
Although labeling theory has several implications for criminal and juvenile justice policy, they have been largely ignored by practitioners and policymakers.
Change in Price
The variation in the price level of goods or services over a period of time.
Elastic
Describes a situation in economics where the demand or supply for a good or service significantly changes in response to changes in price.
Total Revenue
The total amount of money generated by a business through its sales of goods or services before any expenses are deducted.
Price Raised
An increase in the cost of a good or service to consumers.
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