Legitimacy, in Part Through Its Impact on the Effective Functioning

question 101

True/False

Legitimacy, in part through its impact on the effective functioning of the criminal justice system and in part on encouraging citizens to be law-abiding, can lead to security in a society.

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Definitions:

Unit Costs

The investment required by a company to develop, keep, and trade one instance of a specific product or service.

Plant Size

Plant size refers to the capacity or physical extent of a manufacturing or production facility, which impacts its output and efficiency levels.

Minimum Efficient Scale

The smallest level of production at which a firm can achieve the lowest long-run average total cost, underscoring economies of scale.

Output

The quantity of goods or services produced by a firm or industry within a certain period of time.