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The require for illegal drugs is inelastic. Much of the expenditure on illegal drugs comes from crime. Suppose these statements to be correct,
1. How will a successful campaign that reduces the supply of drugs influence the price of drugs and the quantity spent on them?
2. What will occur to the amount of crime?
3. What is the most effective way of reducing the quantity of drugs consumed and reducing the amount of drug-related crime
Mr. X enters into a contract with Mr. Z under which Z agreed to build a customized telescope for X for $500. The value of the completed telescope to X will be $600. Expecting that
1.) In what way is insurance for medical loss/illness differ from insurance for any type of property loss?
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what is an effect of nationalization on a business?
Question 1: (a) Describe and distinguish between the Linear Stages Theory and the Structural Change Models. (b) What are the limitations of each of the above two models.
Q. Who will participate and how decision will be made are issues concerned with Public Choice. Whether participants are guided by social concerns or they harbour their private
WHAT IS THE CONCEPT
eiplain why indifference curve are convex to the origin
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