When a government fines and/or imprisons convicted drug dealers, it is attempting to reduce the illegal drug trade by shifting the _______ curve for illegal drugs _______.

Question

Quizplus · Accepted Answer

By fining or imprisoning convicted drug dealers, the government increases the cost of doing business for those involved in the illegal drug trade. This action effectively reduces the number of suppliers willing or able to sell drugs, thus shifting the supply curve leftward, indicating a decrease in the quantity supplied at any given price.

When a Government Fines And/or Imprisons Convicted Drug Dealers, It