Statistics Can Provide _____

question 6

Multiple Choice

Statistics can provide _____.

• A) estimates of costs and losses imposed by crime
• B) planning assistance in projects
• C) evaluation of the effectiveness of a criminal justice agency
• D) all of these

---

Definitions:

Average Total Costs

The cost of producing each unit, calculated by dividing the entire production cost by the total number of units made.

Marginal Cost

The increase in cost that arises from producing one additional unit of a good or service.

Output

The quantity of goods or services produced in a given time period by a firm, industry, or country.

Fixed Costs

Costs that do not change with the level of output or production, such as rent, salaries, or loan payments.