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Let's assume that after one year of legalized sales the market is flooded with supplies of marijuana to the point of the product selling for
Let's assume that after one year of legalized sales the market is flooded with supplies of marijuana to the point of the product selling for next to nothing. What are some of the market movements/activities you think would occur in this situation economically (the number of firms in the industry, the price, etc.) and why?
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