What is likely impact of this act in the market for meth

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Reference no: EM13893278

One component of the Patriot Act of 2006 was the "Combat Methamphetamine Epidemic Act", which prohibited the over the-counter sale of cold medicines that contain pseudoephedrine (which is commonly used to make meth). Ceteris paribus, what is a likely impact of this Act in the market for meth?

a) An increase in the supply of meth and a decrease in meth prices.

b) A decrease in the supply of meth and a decrease in meth prices.

c) An decrease in the supply meth and an increase in meth prices.

d) An increase in the demand for ephedrine, an alternative input to meth

Reference no: EM13893278

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