Drug-interdiction policies that reduce the supply of illegal drugs
a. are likely to be more effective in the short run than in the long run.
b. are proven to reduce illegal drug use faster than drug-education programs designed to reduce demand.
c. may increase drug-related crimes.
d. All of the above are correct.
c
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What will be an ideal response?
"Every point on a budget line has an indifference curve passing through it." Explain whether the previous statement is correct or not
What will be an ideal response?
Profits are maximized when
A) added costs are equal to added revenue. B) costs equal revenue. C) average costs equal average revenue. D) economic profits are zero.
How retail gasoline stations behave in a local market is an example of a macroeconomic issue
a. True b. False