Refer to the diagram. To maximize profits or minimize losses, this firm should produce:

Critics of minimum-wage legislation argue that it:

  Refer to the diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product. With a PcPt per-unit tariff, the quantities sold by foreign and domestic producers respectively will be:

A price discriminating pure monopolist will attempt to charge each buyer (or group of buyers):

For a purely competitive seller, price equals:

  Which of the diagrams correctly portrays a nondiscriminating pure monopolist’s demand (D) and marginal revenue (MR) curves?

The use of rewards (e.g., praise, money, tokens) to increase a target behavior:

Crimes of the powerful are those offenses committed by influential persons or groups in society.  

Term coined by Durkheim to describe a state of affairs in which the norms and values of society weaken and are no longer able to control behaviors:

The perspective that inadequate or incomplete socialization leads to criminal behavior: