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Under which of the following conditions would the interdiction of illegal drugs

熱度 1已有 160 次閱讀2020-2-21 08:53

【題目】 Under which of the following conditions would the interdiction of illegal drugs result in a decrease in the quantity of drugs sold and in a decrease in total spending on illegal drugs by drug users?
  The price elasticity of supply for illegal drugs is 0.8.
  The interdiction has the effect of shifting the supply curve for illegal drugs to the right.
  The interdiction has the effect of shifting the demand curve for illegal drugs to the right.
  The price elasticity of demand for illegal drugs is 1.3

 The price elasticity of demand for illegal drugs is 1.3

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