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If the Washington, D . C . , police department began to buy back pairs of shoes, no questions asked, for $ 1 0 each,
If the Washington, DC police department began to buy back pairs of shoes, no questions asked, for $ each, economists would expect that:
the number of people wearing shoes in Washington, DC would not change at all as a result of the shoe buyback.
fewer people in Washington, DC would wear shoes as a result of the shoe buyback.
more people in Washington, DC would wear shoes as a result of the shoe buyback.
fewer people in Washington, DC would wear shoes as a result of the shoe buyback, but the average quality of those shoes would decrease.
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