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The government of Freedonia would like to reduce drug consumption. It therefore plans to impose a penalty for illegal drugs however government members are conflicted
The government of Freedonia would like to reduce drug consumption. It therefore plans to impose a penalty for illegal drugs however government members are conflicted as to whether the penalty should be imposed on the seller or the buyers.
a) How would a penalty imposed on the seller influence the supply, demand, prices and quantity of drugs.
B) how would a penalty imposed on the buyer influence the supply, demand, price and quantity of drugs.
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Lets analyze the effects of imposing penalties on sellers and buyers in the market for illegal drugs Part A Penalty Imposed on the Seller 1 Effect on ...
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