The most likely economic effects of the legalization of marijuana are

Question

Quizplus · Accepted Answer

Legalizing marijuana would lead to an increase in both the supply and demand of marijuana due to a decrease in legal restrictions. As a result, more people would be able to access and consume marijuana, leading to an increase in its use. With more suppliers entering the market, competition would drive down the price of marijuana. Additionally, legalization would lead to manufacturers producing high-quality marijuana to meet the increased demand. Therefore, all of the above are the most likely economic effects of legalizing marijuana.

The Most Likely Economic Effects of the Legalization of Marijuana