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Judge Ortiz is an administrative judge in the county who is holding a meeting to determine the effectiveness of the various sentencing options. He invites individuals who work with the various types of sentencing options to give their feedback. Officer Moll is the supervising probation officer in the county. Judge Ellis coordinates the drug court in the neighboring county. Ms. Howard runs the halfway house in the county. Captain Smith coordinates the boot camp in the county.
-Judge Ellis is convinced that offenders who have a drug addiction, they need more services provided. He explains the various sanctions and services utilized at his drug court. Which of the following are likely to be a part of Judge Ellis' drug court?
Elastic
A characteristic of a good or service indicating that its demand or supply is sensitive to changes in price.
Marginal Revenue
The additional revenue that a firm receives from selling one more unit of a good or service.
Pure Monopolist
A single seller in a market with no close substitutes for the product or service offered, leading to significant control over prices and market conditions.
Inelastic Segment
A range on the demand curve where the quantity demanded changes little when the price changes.
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