Black markets that operate outside the legal system are often characterized by
A) low profits for suppliers.
B) lower opportunity costs for suppliers and buyers.
C) decreased prices.
D) the use of violence as a means of settling disputes.

Question

Quizplus · Accepted Answer

Black markets often involve illegal activities where formal legal systems cannot be used to resolve disputes, leading to the use of violence as a means of enforcement and conflict resolution.

Black Markets That Operate Outside the Legal System Are Often