Will Eric's Statement to Officer Franklin Be Admissible

question 2

Multiple Choice

Will Eric's statement to Officer Franklin be admissible

• A)Yes, there is an exception to the Miranda requirements for statements made at booking.
• B)Yes, under Berghuis v.Thompkin all statements are admissible if the suspect voluntarily answers questions.
• C)No, Eric was in custody at the time Officer Franklin questioned him and he had not waived his Miranda rights.
• D)No, the question did not pertain to the charges that Eric was being booked on.

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Definitions:

Implicit Costs

These refers to the opportunity costs that are not directly paid or incurred but represent the foregone benefits from using resources in a particular way.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the financial success exceeding the opportunity cost of resources.

Accounting Profit

The net income for a company calculated by subtracting total expenses from total revenues according to accounting principles, not including implicit costs.

Short-run Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied over a short period, considering some inputs remain fixed.