Which of the following statements is not correct concerning government attempts to reduce the flow of illegal drugs into the country? Drug interdiction a. raises prices and total revenue in the drug market. b. can increase drug related crime c. shifts the demand curve for drugs to the left. d. shifts the supply curve of drugs to the left.
Which of the following statements is not correct concerning government attempts to reduce the flow of illegal drugs into the country? Drug interdiction a. raises prices and total revenue in the drug market. b. can increase drug related crime c. shifts the demand curve for drugs to the left. d. shifts the supply curve of drugs to the left.
Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Elastic And Its Application
Section: Chapter Questions
Problem 1QCMC: A life-saving medicine without any close substitutes will tend to have a. a small elasticity of...
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Which of the following statements is not correct concerning government attempts to reduce the flow of illegal drugs into the country? Drug interdiction
a. raises prices and total revenue in the drug market.
b. can increase drug related crime
c. shifts the demand curve for drugs to the left.
d. shifts the supply curve of drugs to the left.
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