Which of the Following Is One Way That Discretion Can

question 51

Multiple Choice

Which of the following is one way that discretion can offset mandatory minimum penalties?

• A)reduction in arrests
• B)prosecutorial discretion
• C)decrease in convictions
• D)all of these answers are correct

---

Definitions:

Economic Profit

The surplus achieved when total revenue exceeds the opportunity costs of all resources used in production.

Monopolistically Competitive

A market structure characterized by many firms offering products that are similar but not identical, leading to competition based on factors other than price.

Advertising

The action of calling public attention to products, services, events, or concepts, usually through paid announcements by an identified sponsor.

Market Efficiency

A concept where prices in a market fully reflect all available information, leading to an optimal distribution of resources.