Match the Term in the Lettered Column with the Definition

question 14

Multiple Choice

Match the term in the lettered column with the definition in the lettered column.
-The release of an inmate from prison that is determined by statute or sentencing guidelines and is not decided by a parole board or other authority.
a. Restitution

• A)Restitution
• B)Conditions of parole (probation)
• C)Mandatory Release
• D)Parole Revocation

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Trade Gains

Benefits that countries obtain from engaging in international trade, such as increased variety of goods and specialization in production.

International Trade

International trade involves the exchange of goods and services across international borders or territories, enabling countries to expand markets and pursue economies of scale.

Variety

In economics, it represents the assortment or range of different products, services, or goods available in a market.