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-In the Above Figure, CBL Is the Cost of Breaking

Question 11

Multiple Choice

-In the above figure, CBL is the cost of breaking the law. If the good in the figure is made illegal and penalties are imposed on both buyers and sellers, then its price per unit A) will be lower than if it was not illegal. B) cannot be compared with its price when it was legal. C) will be the same as when it was not illegal. D) will be higher than if it was not illegal.
-In the above figure, CBL is the cost of breaking the law. If the good in the figure is made illegal and penalties are imposed on both buyers and sellers, then its price per unit


A) will be lower than if it was not illegal.
B) cannot be compared with its price when it was legal.
C) will be the same as when it was not illegal.
D) will be higher than if it was not illegal.

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