Which of the following statements regarding black markets is true?
A) The reliability of products sold in black markets is generally higher than the reliability of products sold in legal markets.
B) The prices of goods in black markets are generally lower than the prices of similar products in legal markets.
C) The laws of supply and demand do not affect the prices of goods exchanged in black markets.
D) The rate of violence is higher in black markets than in legal markets.

Question

Quizplus · Accepted Answer

Black markets often involve illegal activities, which can lead to higher rates of violence due to the lack of legal protections and enforcement.

Which of the Following Statements Regarding Black Markets Is True