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 63 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
Wow, this really help

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

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?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

IQ and Genetics The closer the genetic relationship, the higher the correlation in IQ. Based on: Br IQ and Genetics The closer the genetic relationship, the higher the correlation in IQ. Based on: Br
Primary School Attendance in World Regions Attending primary school is common but not universal, wo Primary School Attendance in World Regions Attending primary school is common but not universal, wo
Based on the experiments summarized here, how do you think women would modify their interactions if ... Based on the experiments summarized here, how do you think women would modify their interactions if ...
Anti-Anxiety Drugs Used in the Dental Office Anti-Anxiety Drugs Used in the Dental Office
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: A Human Karyotype Preparation Animation

For a complete list of videos, visit our video library