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In the short term, the demand for illegal drugs is inelastic. As a result of law enforcement policies that reduce the supply of drugs tend to greatly increase the price of drugs , while reducing the quantity of drugs consumed very little. This increases the revenue to drug dealers. On a long term basis, only policies that reduce the demand for drugs create a more elastic market place for this type of illegal trade.
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What are the characteristics healthy market?
characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market
Given the market for illegal drugs when the government is successful in reducing the flow of drugs into the US?
uhhh, that's not a question guy. That doesn't even make sense.
What are the characteristics required to be present for a market to be described as efficient market?
kind of efficeint market
What are characteristics of the Eurocurrency market?
international banking
Explain the economic characteristics of the command and market economic?
Explain the economic characteristics of the command
Why is black market illegal?
The black market is, by definition, illegal. The term black market is slang for illegal market. It can refer to the trade of illegal items, such as drugs, or it can refer to an illegal method of trading items, such as the black market distribution of human organs.
What are the characteristics healthy market?
characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market
Why is the black market illegal?
The black market is illegal because it involves the trading of illegal goods or services, evading taxes and regulations, and often contributing to criminal activities. It undermines the legal economy and poses risks to public safety and security.
Given the market for illegal drugs when the government is successful in reducing the flow of drugs into the US?
uhhh, that's not a question guy. That doesn't even make sense.
What is in the drugs that make them illegal?
Drugs become illegal when law makers decide to pass laws saying these drugs are illegal.
What are two illegal trades?
The illegal drug trade is a global black market consisting of the cultivation, manufacture, distribution and sale of illegal controlled drugs. Most jurisdictions prohibit trade, except under license...
What does illegal drugs mean?
Illegal drugs mean drugs which is not accepted or it's against the law to use them
What are three illegal drugs?
Three illegal drugs are: heroin, cocaine, and methamphetamines.
Which is more dangerous legal or illegal drugs?
They can both be really dangerous if not used properly, but illegal drugs are more dangerous because you have to get them from the black market and you never really know what ingredients are in them. Legal drugs are made following well-established standards and the labs are continually under inspections from federal agents.
Is it illegal to help someone buy drugs to drive them to where they can purchase illegal drugs?
yes it is, you are assosiated with the drugs and the drug buyer.
Can a Muslim use illegal drugs?
No, it is not permissible in Islam to use illegal drugs as they are harmful to one's body and mind, and go against the principles of self-control and avoiding substances that impair judgment and reasoning. Muslims are encouraged to maintain good health and avoid harmful practices.
Why you can not do drugs?
It depends on the drugs. Most illegal drugs are illegal because they're harmful in some way, but just being illegal is harm enough for them to be worth avoiding.
