This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The economic argument for legalizing drugs a. is morally bankrupt. b. is based on the assumption ... (Read 74 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
on: Jul 1, 2018
The economic argument for legalizing drugs
 a. is morally bankrupt.
  b. is based on the assumption that demand is relatively price inelastic.
  c. shows that economists are all libertarians at heart.
  d. takes into consideration all the externalities associated with drug use.
  e. is really politically motivated.

Question 2

If there are only two goods and these are consumed in fixed proportions, the price elasticities of demand for these two goods will sum to
 a. 0.0
  b. -0.5
  c. -1.0
  d. a number between 0 and -1.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

trampas

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

c


Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Jul 1, 2018
Excellent

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Steps of approval for drugs marketed within Canada Steps of approval for drugs marketed within Canada
Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2 Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2
International Television Viewing Rates in Childhood In most developed countries, children watch TV International Television Viewing Rates in Childhood In most developed countries, children watch TV
Drugs Used for the Management of Seizures Drugs Used for the Management of Seizures
Mechanisms of Action of Drugs Used to Treat Angina Mechanisms of Action of Drugs Used to Treat Angina
Antiplatelet Drugs Antiplatelet Drugs
Video: Alzheimer's Disease

For a complete list of videos, visit our video library