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Do you think people's behavior is controlled more by informal or formal social control? Discuss how your answer could be used to change the criminal justice system to reduce recidivism.
Pre-Tax Basis
An evaluation or measure made before taxes are deducted.
Marginal Cost
The change in total cost that arises when the quantity produced is incremented by one unit.
Retained Earnings
Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, used for reinvestment in the business or to pay down debt.
After-Tax Cost
The actual cost of an investment or loan after taking into account the effects of taxation on its returns or costs.
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