Which of the Following, Standing Alone, Can Serve as the Basis

question 7

Multiple Choice

Which of the following, standing alone, can serve as the basis for probable cause?

• A) an admission
• B) presence at a crime scene or a high crime area
• C) association with other known criminals
• D) past criminal conduct

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Definitions:

Economic Rents

Earnings in excess of the minimum necessary to keep a factor of production in its current use, often associated with restricted supply or monopoly power.

Imperfectly Competitive

A market structure where individual firms have some control over the price of their products due to a lack of perfect competition.

Market Price

The current price at which a good or service is bought and sold in a marketplace, determined by supply and demand dynamics.

Unit Of Output

The measure of the quantity of a product or service produced by a firm, industry, or economic sector.