Q7 a) In an attempt to curb the use of illegal drugs such as cocaine or the use of harmful legal substances such as tobacco, government can use two basic options: Decrease demand through public education or decrease supply through legal restrictions or taxes. a) Explain how each type of policy reduces quantity in affected markets? What is the result on the price as seen by consumers for each type of policy? 4 marks b) Which of these two types of policies is likely to have more long-term success? Why? 4 marks