Investigators Spend a Great Deal of Time on Vehicle Identification

question 5

Multiple Choice

Investigators spend a great deal of time on vehicle identification because

• A) identification is necessary to establish that a theft has occurred.
• B) without positive identification, a manufacturer cannot file a complaint.
• C) it is a difficult task.
• D) law enforcement generally does not know how to properly identify vehicles.

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Definitions:

Interest Payments

The amount paid by a borrower to a lender as compensation for the use of borrowed funds, usually calculated as a percentage of the principal amount.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the benefits that could have been received but were given up.

Explicit Cost

Direct, out-of-pocket payments for resources employed in the production of goods or services.

Marginal Cost

The additional cost incurred by producing and selling one more unit.