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Demand and Supply: Decriminalizing Illegal Drugs
The consequences of decriminalizing illegal drugs have long been debated. Some claim that legalization will lower the price of these drugs and reduce related crime. Others claim that more people will use these drugs.
Suppose that some of these drugs are legalized so that anyone may sell and use them. Now consider the two claims that price will fall and quantity demanded will increase. Based on positive economic analysis, are these claims sound?Give reasons
The macroeconomic environment discussing the effectiveness of the monetary stragies in the US.
Illustrate what happens to an individual person's demand curve for BlackBerry phones as the number of other Blackberry users declines.
Discuss briefly what you think the way in which the HDI is constructed. (Briefly means no more than five lines of text. Excesses are severely penalised.)
The Government budget has been making at a deficit of approximately $60 billion for the last year, up from $50 billion the previous year.
Describe the idea of trade offs cost also benefit analysis when answering the above question.
If you expect that the dividend will grow at a 8% rate into the foreseeable future, Elucidate the highest cost at which you would recommend purchasing this stock to your clients?
Enrodes is a monopoly provider of residential electricity in a region of northern Michigan. Total demand by its 2 million households is Q4 = 1,000 P and Enrodes can produce electricity at a constant marginal cost of $2 per megawatt hour.
Compute the linear function equation if drink consumption is a linear function of the number of students.
Assume you own a home re-modelling company. You are currently earning short-run profits. The home re-modelling industry is an increasing-cost industry.
Utlizing the aggregate demand and aggregate supply model, draw an economy in a boom.
decisions how indusrtry make important decision with so much economical unrest.
Suppose that rich countries surprisingly commit to much higher official aid, to be maintained for several decades. What would be the effect of such aid on?
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