The fact that the demand for illegal drugs is quite elastic indicates that it increases seller revenues.
The correct answer is D.
<h3>How do revenues work?</h3>
The entire income generated by a certain source, such as a property with high predicted yearly returns. the total income an investment generates. the amount of revenue sources that a political entity, such as a country or a state, collects and deposits into the treasury for public use.
<h3>Give some examples of revenues:</h3>
The exchange of things, merchandise, or items. selling services like consulting. The sale of concert tickets; rental revenue from a business building (note the usage of the word "income").
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The correct question is-
Since the demand for illegal drugs is quite inelastic, an increase in the price of illegal drugs
a. put an end to the use of illegal drugs
b. does not affect seller revenues
c. decreases seller revenues
d. increase seller revenues
