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Although a fairly uniform upper age limit for the exercise of original juvenile court jurisdiction in delinquency proceedings has been established in the United States, there is far less uniformity involving lower age limits for juveniles charged with serious offenses, or who have a history of repeated offenses, who may be tried as adults. Transfer to criminal court refers to the process whereby the jurisdiction over a juvenile delinquent is moved to adult court. There are four primary mechanisms for juvenile transfers to adult criminal courts: judicial waivers, prosecutorial waivers, statutory waivers, and automatic waivers.
-Prosecutorial waivers are sometimes called
Surplus
Surplus refers to the situation where the quantity of a good or service supplied exceeds the quantity demanded, often leading to a decrease in prices.
Producer Surplus
Producer surplus is the difference between what producers are willing to accept for a good or service and the actual price they receive, reflecting the profit earned above production costs.
Price
The sum of money anticipated, needed, or handed over in exchange for something.
Consumer Surplus I
The gap between what consumers are prepared and able to spend on a product or service and what they end up paying.
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