Suppose a New Law Requires All Piercing Studios to Pass

question 259

Multiple Choice

Suppose a new law requires all piercing studios to pass tougher licensing tests and to begin using more costly sterilization methods. Other things constant, this law would cause

• A) an increase in the supply of piercings and a lower price for piercings.
• B) an increase in the supply of piercings and a higher price for piercings.
• C) a decrease in the supply of piercings and a higher price for piercings.
• D) a decrease in the supply of piercings and a lower price for piercings.

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Definitions:

Status Offense

A noncriminal act that is considered a violation of the law only because of the age of the offender, such as truancy or curfew violations.

Status Offense

An action that is considered a violation of the law only because of the age of the perpetrator, such as truancy or underage drinking.

White-Collar Crimes

Non-violent crimes committed by individuals or corporations in the course of their professional lives, often for financial gain.

Identity Statuses

Theories or stages that describe the process of developing an identity, as proposed by psychologist James Marcia.