Solved

If Penalties for Trading Illegal Drugs Are Instituted on Both

Question 60

Multiple Choice

If penalties for trading illegal drugs are instituted on both buyers and sellers, the


A) price might rise or fall, but the quantity will decrease.
B) price and the quantity will both increase.
C) price and the quantity will both decrease.
D) quantity might increase or decrease but the price will rise.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents