Jan Is a Second-Year College Student Who Is Interested in Becoming

question 62

Multiple Choice

Jan is a second-year college student who is interested in becoming a police psychologist. Which path would you suggest that she take in order to reach her goals?

• A) encourage her to transfer to a university accredited in police psychology
• B) encourage her to earn her undergraduate degree and then join the police academy
• C) encourage her to transfer to an undergraduate school with joint-degree training
• D) encourage her to earn a doctorate in psychology and gain ample exposure to police culture

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Definitions:

Cartel

An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.

Marginal Cost

The increase in total cost that arises from producing an extra unit of output.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Cartel

An agreement among competing firms to control prices or exclude entry of a new competitor in a market, often to maximize their profits illegally or unethically.