If drugs such as marijuana and cocaine were legalized, it would be likely that
a. their prices would decrease.
b. there would be a reduction in tainted or poor quality drugs.
c. there would be less violence occurring in drug transactions.
d. all of the above.
D
Economics
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If a monopolist engages in first-degree price discrimination, it will produce the same output level as a perfectly competitive industry
Indicate whether the statement is true or false
Economics
Which of the government policies below is not likely to encourage per capita economic growth?
a. High taxes on companies that spend a lot on capital formation b. The use of tax revenues for investment and capital formation c. Special subsidies for capital-intensive forms of production d. Promotion of education and training programs for workers
Economics