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CASE 14.3
A South Carolina inmate serving a twenty-five-year sentence for second-degree murder was recently diagnosed as HIV-positive. He had argued for years that he should be tested and believed the correctional facility did very little to accommodate this request. Given this information, answer the following questions.
-Following the above decision, the inmate's lawyer cited the case of Hope v. Pelzer, which ruled that:
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they do actually pay.
Total Costs
refer to the sum of all the expenses involved in producing a good or service, including both fixed and variable costs.
Profit Maximizes
The process by which a company establishes the price and volume of output that leads to the maximum profit.
Deadweight Loss
The reduction in total surplus that results from a market distortion, such as a tax or subsidy, signaling inefficiencies in allocation of resources.
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