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The 3 Most Effective Strategies That Jail Administrators Used for Prison

question 9

Multiple Choice

The 3 most effective strategies that jail administrators used for prison management were 1) segregation or separation, 2) intelligence gathering, and 3)

Appreciate the significance of returns to scale on long-run costs.
Recognize the role of technology and specialization in achieving economies of scale.
Identify conditions that lead to diseconomies of scale.
Explore how business strategies like mergers can create value through economies of scope.

Definitions:

Opportunity Cost

The potential benefit that is given up when choosing one alternative over another.

Comparative Advantage

The ability of a party to produce a particular good or service at a lower marginal cost than others.

Steel

An alloy of iron and carbon, and sometimes other elements, used as a primary material in buildings, infrastructure, tools, ships, automobiles, machines, appliances, and weapons.

Automobiles

Motor vehicles designed and manufactured to transport individuals or small groups of people.

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