
Because the demand for most illegal drugs is highly inelastic, the increased costs due to government's War on Drugs is
A) minimized.
B) is shifted from addicted consumers to casual consumers.
C) passed onto customers.
D) a negative externality.
E) a nonrenewable cost.
Correct Answer:
Verified
Q38: According to the text, changes to eliminate
Q39: Which of the following is not a
Q40: Which of the following is considered a
Q41: Which of the following is not typical
Q42: The federal, state, and local governments combined
Q44: If the market demand for illegal drugs
Q45: An illegal drug dealer will maximize profit
Q46: If the market demand for illegal drugs
Q47: The market can deal with an externality
Q48: Which of the following is the best
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