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The grapt shous the maket for a drug. Draw a point at the market equilibrium if the drug is traded freely. Label in 1. Draw

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The grapt shous the maket for a drug. Draw a point at the market equilibrium if the drug is traded freely. Label in 1. Draw a curve that shows what happens If the dug is declared illogal and bayers of the drug face penalies. Labet it. (Note: CaL is short for Cost of Broaking the Law.) Draw a point at the new makket outcome in the illegal drug market. Label it 2. Draw a point nat shows the total amount per unit - price plus cost of breaking De law-that bsyen por. Libel it 3

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