This topic contains a solution. Click here to go to the answer

Author Question: The economic argument for legalizing drugs a. is morally bankrupt. b. is based on the assumption ... (Read 112 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
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
Answer to Question 1

B

Answer to Question 2

c




Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

For a complete list of videos, visit our video library