One Assumption Behind Canada's Penal System Is That Offenders Should

question 131

Multiple Choice

One assumption behind Canada's penal system is that offenders should be restricted from committing further crimes.What principle does this illustrate?

• A) social protection
• B) retribution
• C) rehabilitation
• D) deterrence

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Definitions:

Price Competition

The process where businesses attempt to attract customers by undercutting each other's prices, commonly seen in markets with many sellers and homogeneous products.

Oligopolistic Producers

These are companies within an industry where a small number of firms hold a large market share, leading to limited competition and potentially collaborative market behaviors.

Monopolistically Competitive

Refers to a market structure where many firms sell products that are similar but not identical, leading to competition based on product differentiation.

Normal Profits

The minimum profit necessary for a company to remain competitive in the market, equivalent to the opportunity cost of capital.