How much quantity demanded or supplied changes in response


Problem

One of the fundamentals of public policy against illegal drugs is to make illegal drug sales and use more costly by imposing penalties.

How much quantity demanded or supplied changes in response to a change in price, as well as the article "End the War on Drugs." Discuss whether the imposed penalties work and whether elasticity is working for or against the public. Would you describe the demand for illegal drugs as elastic or inelastic? Justify your response.

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Microeconomics: How much quantity demanded or supplied changes in response
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