With More Than Two Million Prisons,the U

question 46

Multiple Choice

With more than two million prisons,the U.S.prison system employs large numbers of workers and contributes to many independent and private contracts.This is a/n _____ of incarceration.

• A) intentional function
• B) beneficial function
• C) manifest function
• D) latent function
• E) dysfunction

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Definitions:

Utility Theory

An economic theory that models how individuals make choices based on their preferences and the perceived utility or satisfaction from goods and services.

Marginal Utility

The additional satisfaction or benefit gained from consuming one more unit of a good or service.

Trading Cards

Collectible cards typically featuring individuals from sports, television, or other areas of popular culture, often traded and valued by enthusiasts.

Diminishing Marginal Utility

Declining utility, or satisfaction, derived from each additional unit consumed of a particular good or service.