-In the above figure, CBL is the cost of breaking the law. If it is illegal to buy and sell, then the quantity of the good bought and sold will be
A) 100.
B) 200.
C) 300.
D) 400.

Question

-In the above figure, CBL is the cost of breaking the law. If it is illegal to buy and sell, then the quantity of the good bought and sold will be
A) 100. 
B) 200. 
C) 300. 
D) 400.

Quizplus · Accepted Answer

When it is illegal to buy and sell, the quantity of the good bought and sold will be reduced due to the risk and cost associated with breaking the law, leading to a lower quantity than in a legal market.

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