Business

Davian Everett

28 March, 22:22

Given the market for illegal drugs, when the government is successful in reducing the flow of drugs into the united states,

a. supply decreases, demand increases, and price increases substantially.

b. demand and supply both decrease, leaving price essentially unchanged.

c. demand decreases, supply is unaffected, and price decreases.

d. supply decreases, demand is unaffected, and price increases.

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Given the market for illegal drugs, when the government is successful in reducing the flow of drugs into the united states, a. supply ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Unitech has the following inventory information. July 1 Beginning Inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $22 220 $2,000 A physical count of merchandise inventory on July 31 reveals that there are

A company purchased a two-year fire insurance policy on May 1, 2012. It paid the $2,400 premium in cash on the same date and recorded the entry with a debit to Prepaid Insurance for $2,400.

The following is a partial unadjusted Trial Balance. Bravo Unlimited Unadjusted Trial Balance (partial) 2/29/16 Accounts Debit Credit Cash $15,500 Supplies 14,000 Accounts Payable $10,500 Supplies Expense 5,000 The Supplies account balance on

Assume that the economy is at full employment and is experiencing rapid inflation. Which of the following combinations of monetary and fiscal policies would reduce inflation most, assuming the dollar values for both policy changes are the same

The most widely used method of job analysis for determining the duties and responsibilities of a job is the

New Questions in Business

In Year 1, Costello Company performed work for a customer and billed the customer $14,000. In Year 2, the customer pays Costello Company for the services it rendered in Year 1.

What is the difference between a business model and an ebusiness model? Multiple Choice An ebusiness model details how a company creates, delivers, and generates revenue;

How accurately do gdp statistics portray the economy and why?

If you put $200 in a savings account that paid 5.5% simple interest each year, how much interest would you earn in five years?

When aggregate demand meets aggregate supply in the horizontal portion of the aggregate supply curve, a decrease in demand will cause output to fall but no change in prices. a decrease in demand will cause prices to rise but no change in output.