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 100 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
:D TYSM


juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library