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Discuss Why Gangs Reemerged

question 61

Essay

Discuss why gangs reemerged.Do you agree that economic and social conditions are factors in gang formation? Explain.


Definitions:

Opportunity Costs

The cost of the most favorable alternative that is lost by deciding on a particular option.

Returns to Scale

The change in output resulting from a proportional change in all inputs used in the production process.

Long-Run Average Cost

is the average cost per unit of output achieved when all factors of production, including capital, are variable, often represented by a curve showing economies of scale.

Production Costs

The expenses incurred in the process of creating a product or service, including materials, labor, and overhead.

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