Provides a Remedy When the Law Is Unable to Do

question 14

Multiple Choice

Provides a remedy when the law is unable to do so.

• A) Federalism
• B) Jurisdiction
• C) Equity
• D) General deterrence
• E) Specific deterrence
• F) Rehabilitation
• G) Retribution
• H) Local police agencies
• I) State police agencies
• J) Federal police agencies

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Definitions:

Consumer Surplus

The discrepancy between the total sum consumers are prepared and capable of spending on a product or service and the actual total sum they end up paying.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged for a product, service, or resource, usually set below the market equilibrium price to make goods more affordable.

Market Equilibrium

A point in a market where the quantity of goods supplied is equal to the quantity of goods demanded.

Consumer Surplus

The gap between what consumers are ready and able to expend for a good or service and what they actually spend.