The legalization of marijuana would cause a big increase in the demand for the drug.

Name: The legalization of marijuana would cause a big increase in the demand for the drug.
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Question

Quizplus · Accepted Answer

Legalization often leads to a decrease in prices due to the elimination of the risk premium associated with its illegal status and the introduction of competition. While initial interest might spike, overall demand stabilizes or even decreases as novelty wears off and health concerns are addressed more openly.

The Legalization of Marijuana Would Cause a Big Increase in the Demand