Why Doesn't the Fear of Sanctions Deter Juveniles from Committing

question 31

Short Answer

Why doesn't the fear of sanctions deter juveniles from committing delinquent acts?

---

Definitions:

Implicit Costs

The opportunity costs of using resources owned by the firm for its own production instead of earning revenue from these resources elsewhere.

Explicit Costs

These are the direct, out-of-pocket payments made by businesses for operational expenses like wages, rent, and materials.

Monetary Outlay

The amount of money spent on a particular transaction or investment.

Implicit Costs

The opportunity costs that arise when a company uses internal resources without a direct payment.