1. Using what you know about elasticity and what you learned from the podcast (here is the link: https://www.npr.org/sections/money/2010/08/03/128960709/the-tuesday-podcast), what would be your 'economic expert' opinion on imposing a tax specifically on the purchase of marijuana (similar to a tax specifically on alcohol) in the states where marijuana sales are legal? Connect your economic opinion to details from the podcast. If you use outside information, provide links to your sources.
2. A question to expand your application of elasticity ideas: Now that marijuana is legalized (and taxed) in California, what other markets do you think have been or will be impacted (related goods)? How might legalization impact what goods consumers consider to be substituted for marijuana? Do you think any have changed? Why?