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Judge Stone handles the bail hearings in his jurisdiction. On a Monday morning his docket he has five cases. Fred is accused of first-degree murder. June is accused of petty theft. Aaron is accused of armed robbery with a firearm. Sal is accused of dealing in stolen property. Fiona is charged with prostitution.
-Judge Stone decides that Fred should not be given a bail because he is being charged with a serious crime. Judge Stone deems him to be dangerous and likely to commit crimes if released pending his trial. Retaining individuals in jail who are deemed dangerous is referred to as:
Opportunity Cost
Spurning possible enhancements from different opportunities by electing a specific option.
New Capital
Funds or assets newly invested for the purpose of generating additional income or growth.
Investment
The act of allocating resources, usually money, with the expectation of generating an income or profit.
Comparative Advantage
The ability of a country, individual, company, or region to produce a good or offer a service at a lower opportunity cost than competitors.
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