The demand for illegal drugs is inelastic. Much of the expenditure on illegal drugs comes from crime. Assuming these statements to be correct,
a. How will a successful campaign that decreases the supply of drugs influence the price of illegal drugs and the amount spent on them?
b. What will happen to the amount of crime?
c. What is the most effective way of decreasing the quantity of illegal drugs bought and decreasing the amount of drug-related crime?