Decriminalizing a drug is likely to lead to a price decrease if a. The anticipated supply effect

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Decriminalizing a drug is likely to lead to a price decrease if

a. The anticipated supply effect is greater than the anticipated demand effect.

b. The anticipated demand effect is greater than the anticipated supply effect.

c. The anticipated demand effect is exactly equal to the anticipated supply effect.

d. Both demand and supply decrease.

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 01:00 AM

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Decriminalizing a drug is likely to lead to a price decrease if a. The anticipated supply effect

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