Which of the Following Statements Concerning Crime Control Is Correct

question 97

Multiple Choice

Which of the following statements concerning crime control is correct?

• A) For efficiency, the provision of crime control should occur at the point where marginal social benefit exceeds marginal social cost.
• B) For efficiency, the provision of crime control should occur at the point where marginal social cost exceeds marginal social benefit.
• C) Society should allocate resources so the crime rate eventually falls to zero.
• D) A crime rate of zero would probably be inefficient.

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Definitions:

Predetermined Overhead Rate

A rate calculated before a period begins, used to allocate manufacturing overhead costs to production activities based on a certain base, such as direct labor hours or machine hours.

Job Cost

The total cost associated with creating a specific product or completing a specific job, including materials, labor, and overhead.

Predetermined Overhead Rate

A calculated rate used to allocate manufacturing overhead costs to individual units of production, based on estimated costs and activity levels.

Direct Labor-hours

The total hours of labor directly involved in producing goods, used as a measure for costing and operational efficiency.