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What do you think would be effect on the equilibrium price

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Reference no: EM131574405

Question - What do you think would be the effect on the equilibrium price and quantity of marijuana if its sale and consumption were legalized? Will the Supply Curve shift, and if so, to which direction? How about the Demand curve? Will it shift, and if so, to which direction? What will happen to price and quantity exchanged? I'm a bit confused with what would happen in this case.

Reference no: EM131574405

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