Examlex
The report that contains background information on the juvenile, a description of the circumstances surrounding the juvenile's delinquent acts, as well as a disposition recommendation from the probation officer is called _____________.
Implicit Cost
The opportunity costs that are not directly paid or incurred but represent the loss of alternative benefits when resources are used in a particular way.
Capital
A resource, such as equipment or buildings, used to produce goods and services.
Implicit Costs
The opportunity costs that are not directly paid for or visibly incurred in financial transactions but represent real costs to economic actors.
Economic Costs
Economic costs include both the explicit costs of production, such as raw materials and wages, and implicit costs, such as opportunity costs.
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