Consider the illicit drug market. First-time drug users have different price elasticities of demand than addicts. Why

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Consider the illicit drug market. First-time drug users have different price elasticities of demand than addicts. Why the difference?

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:30 AM

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Consider the illicit drug market. First-time drug users have different price elasticities of demand than addicts. Why

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If youre not addicted the price of the drug matters more t...View the full answer

Principles of Economics

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