Examlex
Which of the following is an attribute of the best correctional systems within juvenile justice?
Marginal Cost
The cost of producing one additional unit of a good or service, which can vary depending on the level of production.
Rational Decision Maker
A theoretical entity in economics and decision theory that systematically and logically evaluates options before making a choice.
Rational Choice
The theory that individuals make decisions based on the maximization of their benefits and the minimization of their costs.
Subjective Costs
Costs perceived by individuals based on personal values, preferences, and circumstances, which can vary between persons.
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