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
Akimi4 [234]
2 years ago
13

If the government tightens up on drug dealers and raises the costs of dealing illegal drugs, then the drug addicts' dollar expen

ditures to feed their addiction will tend to: A) Decrease because their demand is price-Inelastic B) Increase because their demand is price-elastic C) Decrease because their demand is price-elastic D) Increase because their demand is price-Inelastic
Business
1 answer:
pentagon [3]2 years ago
4 0

Answer:

D

Explanation:

I'm sure the question was geared toward teaching you the difference between elastic and inelastic.

If your demand for a product does not change even if the price goes up, then the demand is considered to be inelastic.

However, the question posed to get this teaching point across made the answer almost impossible.  A drug addict's demand can drastically change from day to day depending on how readily that person can get hold of the money needed.  One day money may not be a problem so the expenditure will increase because their demand is price-inelastic.  The very next day the person may not be able to find any money at all.  Therefore, the expenditure will decrease because their demand is price-elastic

You might be interested in
Suppose you have a balance of $3000 on a credit card. Using the formula from Part G, consider the following scenarios:
Bumek [7]

Answer:

90000001223344brnrj4j5

5 0
3 years ago
Which of the following is most likely to have inelastic demand?
iren [92.7K]
I think the answer is A
6 0
2 years ago
Catherine often switches from project to project because she thinks she gets more done that way. She also doesn't get bored as o
marta [7]
The answer is A. Multitasking. For three reasons: <span>You’re less productive. It is scientifically proven that there is no such thing as multitasking. You're simply switching from one task to another. When your brain tries to switch it needs to rethink about what its doing which wastes time. You sabotage your ability to do good work. Constantly switching from one thing to another means you can't focus on one specific thing. This often leads to mistakes which means you need to take extra time to fix it anyway. You squelch your creative juices. In other words when you go back and forth from one thing to another you're preventing your thoughts from developing into other thoughts. Which could potentially prevent a brilliant idea.Stay safe. Focus!
</span>
5 0
3 years ago
Read 2 more answers
McQuilkin and Copan adopt different positions toward capitalism and socialism. Which author is more favorable to free market cap
Nimfa-mama [501]

Answer:

Paul Copan

Explanation:

Dr. Robertson McQuilkin can be considered a very biblical man, and as such, would always favor socialism more than free market capitalism. His phrase "Capitalism is for freedom, socialism is for equality" and the fact that he believed in a strict following of the Bible, you make him a more socialist person.

Dr. Paul Copan is also a very religious man, but his views are less extreme than Dr. McQuilkin's. He is more pragmatic and argues in favor of religion from a more neutral or agnostic point of view. He even argues that religious beliefs and economics are not mutually exclusive.

8 0
3 years ago
Some companies want to get their products into as many outlets as possible, understanding that the more exposure a product gets,
Rus_ich [418]

The correct answer is the intensive distribution. An intensive distribution is being defined as having to get products to many outlets as possible by which the consumers are likely to encounter and see the product everywhere that they may go to.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Ken went to the store for his mother. He spent $2.37 on groceries. In addition, his mother said he could spend $0.35 on candy. W
    11·1 answer
  • On June 5, 2017, Javier Sanchez purchased and placed in service a 7-year class asset costing $560,000 for use in his landscaping
    8·1 answer
  • Monetary policy has a​ ________ effect on aggregate demand in​ a(n) ________​ economy, and fiscal policy has a​ ________ effect
    11·1 answer
  • A machine to manufacture fasteners has a setup cost of $1,100 and a unit cost of $0.006 for each fastener manufactured. A newer
    7·1 answer
  • __________ refers to exploiting a distinctive competence or improving internal efficiency for competitive advantage.
    9·1 answer
  • Penny, a full-time biochemist, loves stock car racing. To feed her passion, she bought a used dirt-track car and has started ent
    14·1 answer
  • Shamrock Shades operates in mall kiosks throughout the southwestern U.S. Shamrock purchases sunglasses from bulk discounters and
    13·1 answer
  • Hannah posts her résumé on the websites of several companies. Unfortunately, it is poorly formatted and contains several spellin
    6·1 answer
  • It is important to organize your time when taking a college course, True False​
    11·1 answer
  • A worker who loses a job at a call center because the company moved the call center operations to another country is an example
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!