In the Text,an Example Was Given Concerning the Difficulty in Trying

question 21

Multiple Choice

In the text,an example was given concerning the difficulty in trying to measure how much crime happened to victims who were not residents of South Florida.Since police only routinely kept records on where victims stayed locally (such as hotel addresses) researchers could have an additional question added to the incident recording form asking for the victim's permanent address.All of the following would be benefits of that except:

• A) it is much cheaper to add a question to a form than collecting the data oneself
• B) it is much more expensive to add a question to a form because it requires all the forms to be reprinted
• C) it allows for more control over the measurement process
• D) it enhances the reliability of data collection

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Definitions:

Diminishing Returns

The principle stating that if one factor of production is increased while others remain constant, the overall returns will eventually decrease after a certain point.

Negative Returns

A situation in which a business or investment loses more money than it earns or generates in revenue.

Variable Costs

Costs that change in proportion to the level of production or business activity, such as materials and labor.

Shut Down

A shut down refers to a temporary or permanent cessation of operations, typically due to economic conditions or strategic decisions.