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
34kurt
3 years ago
14

The consequences of decriminalizing illegal drugs have long been debated. Some claim that legalization will lower the price of t

hese 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.
a) Based on positive economic analysis, are these claims sound? Give reasons to support your answer.
Business
1 answer:
stellarik [79]3 years ago
5 0

Answer:

These claims are definitely sound due to the fact that whenever any demanded thing is sold privately or illegally, the price of that particular thing is always higher.

Hence, when the drugs are legalized , this means that anyone can purchase them from several location, hence, this will reduce the price of the drug as it will now be common and will increase the quantity demanded of the product as well because the people who once were not able to afford that drug due to being expensive, can now easily afford it.

Good Luck

Hope this clear things up.

You might be interested in
On January 1, a company issues 8%. 5 year, $300,000 bonds that pay interest semiannually. On the issue date, the annual market r
gladu [14]

Answer:

Detailed solution is given below:

7 0
3 years ago
What is a disadvantage about buying a home?
lisabon 2012 [21]

Answer:

c. you need a lot of money to buy a home

Explanation:

mark me brainliest pl

hope it help you

8 0
2 years ago
Read 2 more answers
. One of the most commonly used operations management tools is cognitive mapping which is used to better understandthe psycholog
Dennis_Churaev [7]

Answer:

The correct answer is letter "B": False.

Explanation:

Scientific Management also called Taylorism after American economist and father of this theory Frederick Winslow Taylor (1856-1915), looks for increasing companies' efficiency by improving labor productivity and understanding the psychology of workers.

That will be achieved by <em>hiring the correct workers for a job, monitoring their performance and providing training, and dividing the work between management and workers correctly so managers can take care of handling the business operations while employees of executing those operations.</em>

7 0
3 years ago
Kent "Flounder" Dorfman is a full-time student at Faber College. He is a senior and a member of Delta Tau Chai fraternity. The D
Burka [1]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

As per §117(b)(2) a qualified scholarship that is solely used for qualified tuition and related expenses like fees, books and supplies that is necessary for such course in which admission is taken, related tuition fees and associated expenses are not taxable.

On the other side expenses on rooms and boarding are not qualified expenses so any amount spent on it is fully taxable. Another condition is that scholarship given should not be an exchange of service.

<em>You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  </em>

<em />

<em />

Download xlsx
6 0
3 years ago
Your grandmother recently surprised you and gave you $15,000 expressly for the purpose of starting your retirement savings. Her
qaws [65]

Answer:

A. $115,291.30

B. $421,536.55

C. $1,471,502.67

Explanation:

The expression that describes the final amount of a $15,000 investment compounded annually for 35 years is:

A = \$15,000*(1+i)^{35}

A. 6% per year

i = 0.06

A = \$15,000*(1+0.06)^{35}\\A = \$115,291.30

B. 10% per year

i = 0.10

A = \$15,000*(1+0.10)^{35}\\A = \$421,536.55

C. 14% per year

i = 0.14

A = \$15,000*(1+0.14)^{35}\\A = \$1,471,502.67

3 0
3 years ago
Other questions:
  • Belle Co. has beginning inventory of 12 sets of paints at a cost of $1.50 each. During the year, the store purchased 7 at $3.00,
    6·2 answers
  • Swift Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by
    6·1 answer
  • Simon and his managers are discussing the unemployment, inflation, and interest-rate trends that might affect their chain of san
    13·1 answer
  • The first step in process flow analysis is:
    13·1 answer
  • Camille transfers property with a tax basis of $800 and a fair market value of $1,200 to a corporation in exchange for stock wit
    5·1 answer
  • Bill owns a company called Wild Bill's Bracelets that sells custom jewelry. He launched a Search campaign to drive sales of his
    8·1 answer
  • A stock has an average return of 19.2 percent and a standard deviation of 10.7 percent. In any one given year, you have a 95 per
    9·1 answer
  • Borrowers who believe they will be in a home for only a short period of time would be good prospects for a/an:
    8·1 answer
  • Silviocoto say hi plz do it
    11·2 answers
  • Which inventory costing method assumes that items in ending inventory are the most recently acquired?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!