According to Klein, Which of the Following Is True Regarding

question 93

Multiple Choice

According to Klein, which of the following is true regarding street gangs?

• A) Los Angeles gangs do not franchise drug distribution to the rest of the country.
• B) Street gangs are all violent.
• C) Street gangs control drug distribution in our cities.
• D) They are highly organized and cohesive, with centralized leadership.

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Definitions:

Price Change

An adjustment in the cost of a good or service.

Natural Resources

Raw materials and environmental assets that are found in nature and can be used for economic gain.

Elasticity of Demand

Estimating how much the demand for a product fluctuates in response to changes in its price.

Resource Markets

Markets in which business firms demand factors of production (for example, labor, capital, and natural resources) from household suppliers. The resources are then used to produce goods and services. These markets are sometimes called factor markets or input markets.