Describe how statisticians might ideally separate the effect of the business cycle on the opportunity cost of

Question:

Describe how statisticians might ideally separate the effect of the business cycle on the of crime and its profitability.

Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...