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Icelanders? b. With the growth of peanut allergies the sale of Nutella spread has been growing. What is the relationship between peanut butter and Nutella?
Icelanders? b. With the growth of peanut allergies the sale of Nutella spread has been growing. What is the relationship between peanut butter and Nutella? 30. Heroin drug traffickers have a demand for raw opium produced in countries like Afghanistan. The drug traffickers pay Afghan farmers directly, but they also pay for bribes, money laundering, document forgery, private violence enforcement. and the like. These other things account for the bulk of trafficker costs. The actual price of the raw opium makes up a small share of the total cost the drug traffickers must pay. a. What do we call a price that includes the nominal dollar price of the product plus some additional costs (such as the value of time, or other costs)? b. Given that the price charged by the Afghan farmers for their raw opium makes up a small fraction of the total price paid by the traffickers, what isChapter 5 148 price? likely true about the elasticity of demand for raw opium in terms of its own c. Over the past ten years the Afghan government has engaged in a major "war on opium," and when crops are discovered, they are destroyed. What would this fall in the supply of opium do to the revenues of opium farmers in Afghanistan? d. Major parts of Afghanistan have been under the control of the Taliban for the last ten years. The Taliban has allowed opium to be grown in these re- gions, and taxes the farmers. How might the war on opium have contributed to the ultimate fall of the Afghan government to the Taliban in the summer of 2021
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