Which Scenario Illustrates Specific Deterrence in Action

question 21

Multiple Choice

Which scenario illustrates specific deterrence in action?

• A)Bill is curious to know if he could get away with stealing a chocolate bar but fear of shame and embarrassment deters him from trying this.
• B)Sam has never committed a crime because he believes that he will be quickly caught and punished and this does not make crime worthwhile for him.
• C)John vows never to sell drugs again after he was caught, held in a holding cell, and sentenced to a lengthy period of probation and community service hours.
• D)Tom has thought about shoplifting on occasion but the signs in the store warning of penalties have scared him from doing so.

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Definitions:

Marginal Revenue

The additional income generated from the sale of an additional product unit, emphasizing its role in determining optimal production levels.

Demand Curve

A graphical chart representing the association between how much an item costs and the level of demand for it by shoppers.

Short Run

A period in economics during which at least one factor of production is fixed and cannot be changed.

Monopolistic Competitor

A firm that operates in a market with many competitors but differentiates its product from others, giving it some control over its price.