The Term Referring to the Idea That Much More Crime

question 5

Multiple Choice

The term referring to the idea that much more crime occurs than is reported to police is

• A)unspoken crime.
• B)dark figure of crime.
• C)token crime.
• D)invisible crime.

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Definitions:

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount that they actually do pay.

Total Utility

The total satisfaction or benefit obtained from consuming a given quantity of goods or services.

Marginal Utility

The added satisfaction or utility that a consumer derives from consuming an additional unit of a good or service.

Total Utility

This term refers to the total satisfaction received by consuming a certain amount of goods or services.