About How Many of All Calls Received by 911 Centers

question 44

Multiple Choice

About how many of all calls received by 911 centers result in the dispatch of a police officer?

• A)about 50 percent
• B)less than 40 percent
• C)about 75 percent
• D)above 95 percent

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Definitions:

Marginal Cost

The cost added by producing one extra item of a product.

Purely Competitive

Another term for pure competition, it refers to a theoretical market structure with a large number of buyers and sellers, homogeneous products, and free entry and exit from the market.

Output Level

The total amount of goods or services produced by a business or economy within a specific period.

Economic Loss

A situation where total cost exceeds total revenue, resulting in a negative profit for a business.