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The ________ Perspective Focuses on the Influence of Social Groups

question 7

Multiple Choice

The ________ perspective focuses on the influence of social groups and society on criminal behaviour, while the ________ perspective focuses on the mental processes and behaviour of individuals who engage in crime.


Definitions:

Economic Profits

Profits exceeding the opportunity costs of a venture or investment, accounting for both explicit and implicit costs.

Normal Profits

The level of profit necessary to keep a firm in an industry, equating to the opportunity cost of capital and entrepreneurship.

Marginal Cost

The financial commitment needed for producing an extra unit of a good or service.

Marginal Revenue

The addition to total revenue resulting from the sale of one more unit of a product or service.

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