An ongoing approach debate concerns

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Q. An ongoing approach debate concerns whether to legalize utilize of drugs such as marijuana also cocaine. Some researcher estimates that which legalizing cocaine would cause prices to fall by as much as 95%. Proponents of legalization argue which legalizing the drug utilize would lower crime rates by eliminating the main reason for the murderous gang wars which plague many big cities also by reducing the incentive for drug addicts to commit robberies also burglaries. Opponents of legalization argue which lower drug prices would lead more people to utilize drugs. Illustrate what do you think? How can price elasticity help?

Reference no: EM1323113

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