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Case 2-1
Scott was arrested for the crimes of aggravated assault and possession of a firearm by a convicted felon. Scott was previously convicted of burglary, theft, assault, and several drug offenses. He previously served a one year prison sentence for the burglary conviction. Scott was only out of prison 4 months before he was arrested on these new charges. Prior to his first prison sentence, Scott was on probation for his theft, assault, and drug charges. NARREND:
-Scott decided that he was going to reject the plea deal offered by the prosecutor of two years in prison. Instead he opts for a trial where he is found guilty by a jury after 2 hours of deliberation. The judge imposes a four year sentence for the aggravated assault and a one year sentence for the possession of a firearm by a convicted felon. The judge informs Scott that the sentences will be imposed at the same time but they will be served one after the other. Therefore, Scott must serve five years in state prison. What type of sentences will Scott be serving?
Average Product
The output produced per unit of a factor of production, calculated by dividing total product by the quantity of the input.
Textile Firm
A textile firm is a company that specializes in the production and distribution of fabrics and fabric-based products.
Marginal Product
The additional output that is produced by using one more unit of a particular input while keeping other inputs constant.
Total Product Curve
A curve that depicts the total quantity of output that a firm can produce using a given quantity of input, typically labor, over a period.
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