1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
m_a_m_a [10]
3 years ago
13

Suppose the U.S. Drug Enforcement Agency steps up its efforts to control the illegal importation of cocaine into the United Stat

es. What is the likely effect on the market for illegal drugs in the United States?
Business
1 answer:
nikklg [1K]3 years ago
3 0

Answer:

The Price of Cocaine would rise drastically

Explanation:

If U.S Drugs Enforcement Agency impose higher restrictions in an effort to control illegal import of cocaine into the United States, this would directly impact the market for illegal drugs in the following ways:

  • Since more restrictions get imposed, the procurement cost of cocaine alongside the risk associated with it in the form of higher penalties and prosecution, both will rise.
  • The supply of cocaine would shrink in the market.
  • The above two outcomes would result into the procurers and peddlers demanding much greater price for the same quantity of cocaine so as to compensate for the higher risk assumed and higher procurement costs associated.

Thus, price of cocaine will rise drastically as an outcome of such a move.

You might be interested in
How much money was spent on black friday this year?
Tatiana [17]

Answer:

a lot of money was spent this year

5 0
2 years ago
Help!
natali 33 [55]

Answer:

B) Pay bills when they are due.

Explanation:

A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.

Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.

Generally, it's recommended that loans or bills are paid on a timely basis or as at when due in order to obtain a good credit score.

Hence, a way to establish a good credit record (score) is to pay bills when they are due.

6 0
2 years ago
An industry is composed of 10 firms, all with equal sales. the four-firm concentration ratio in this industry is
Klio2033 [76]
The four-firm ratio is the concentration ratio between the total sales accumulated by the four largest industrial firms to the total sales of all firms present in an industry. This translates to the mathematical expression of 

           four-firm ratio = (total sales of four largest firms / total sales)

Since, we are given that all 10 firms have the same sales, we let the sales be equal to x.

    total sales of four largest firms = 4x
    total sales  = 10x

The ratio is then,
 
                   four-firm ratio = 4/10

Converting this to percentage will yield us an answer of 40%. 
8 0
2 years ago
The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historic
Dmitriy789 [7]

Answer:

d) 420

Explanation:

In three-year weighted moving average with weights of 0.5, 0.3, and 0.2, the forecast can be calculated using the following formula

Forecast(This year) = 0.5*Demand(last year) + 0.3*Demand(2 years ago) + 0.2*Demand(3 years ago)

Forecast(This year) = 0.5*300 + 0.3*500 + 0.2*600

Forecast(This year) = 150 + 150 + 120

Forecast(This year) = 420

6 0
3 years ago
Why is insurance necessary for businesses and individuals
miv72 [106K]

Answer:

Incase of any emergency like an accident 5hey can support you

5 0
2 years ago
Other questions:
  • How has banking changed in the past 200 years of our nation's history?
    8·1 answer
  • a pea plant that has round seeds has the genotype Rr. it is crossed with a pea plant that has wrinkled seeds and the genotype rr
    11·1 answer
  • The ABC Corporation decreases all of its inputs by 12 percent and finds that its output falls by only 8 percent. This means that
    9·1 answer
  • The expression below shows a number in expanded form. What is the standard form of the number?(2×10)+(3×one tenth)+(9×one hundre
    14·1 answer
  • Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products on the bas
    6·1 answer
  • The following data are taken from the financial statements of Marigold Company: 2022 2021 Average accounts receivable $539,000 $
    9·2 answers
  • Mrs. Torres goes out of town on a business trip. She spends 3 nights in a hotel at a charge of $80 per night. She pays 9% tax on
    6·2 answers
  • How is owner’s equity affected when is paid for expenses?
    8·1 answer
  • Jayda started a corporation that creates software products for clients. What position is jayda in of the corporation
    6·1 answer
  • Given a constant rate of growth of real gdp, what would cause a fall in real gdp per capita?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!