Examlex
Which of the following is a crime-analysis and police-management process built on crime mapping that was developed by the New York City Police Department?
Perfect Substitutes
Goods or services that can be used in exactly the same way, where the consumer is indifferent between the two and will choose the cheaper one.
Scale
The size, extent, or level of something, typically used in the context of production or operations to indicate magnitude or capacity.
Returns to Scale
A concept in economics that describes how the output of a firm changes as all its inputs are increased proportionally.
Short Run
A period in economics during which at least one factor of production is fixed, limiting the adjustment processes of the economy.
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