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The require for illegal drugs is inelastic. Much of the expenditure on illegal drugs comes from crime. Suppose these statements to be correct,
1. How will a successful campaign that reduces the supply of drugs influence the price of drugs and the quantity spent on them?
2. What will occur to the amount of crime?
3. What is the most effective way of reducing the quantity of drugs consumed and reducing the amount of drug-related crime
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Part I. We have examined federal public policies in the context of the democratic political system in the US. Types of policy legislation/behavior fall into 3 main types. A
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eiplain why indifference curve are convex to the origin
Write a short note on product mix efficiency?
why-this-behavior-consistent-with-size-maximizing-government
sensors see details and seek detail and precision intuitions see generalities
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