A Crime Laboratory Can Help in Answering Which of the Following

question 10

Multiple Choice

A crime laboratory can help in answering which of the following questions?

• A) Whether a crime has been committed.
• B) Who committed the crime?
• C) Who could not have committed the crime?
• D) All of the preceding are correct.

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Definitions:

Marginal Private Benefit

Marginal Private Benefit is the additional benefit or satisfaction received by consumers or producers for consuming or producing one more unit of a good or service.

Marginal Private Cost

The cost incurred by a firm or individual resulting from producing one more unit of a good, excluding externalities or effects on third parties.

External Benefits

External benefits refer to the positive effects or advantages that a product or activity imparts on individuals or society who are not directly involved in the production or consumption of the good.

Network Externalities

The effect on a user of a product or service that results from an increase in the number of other users of the same or compatible products or services.