Final answer:
Grand theft is typically committed when the value of the stolen money or personal property exceeds $950 in certain jurisdictions. This threshold can vary, but for the question provided, $950 is the right answer.
Step-by-step explanation:
The threshold for grand theft varies by jurisdiction, but in some places, grand theft is committed when the value of the money, labor, or personal property taken exceeds $950. This amount is based on the legal definitions and statutes that define theft crimes and their severity. The specific monetary value that elevates a theft to grand theft can change over time and may differ between regions, but for this current question, option C ($950) is the correct answer.