Question: plz helping me to answer this question. thanks! 4. Read the following article, from the National Post: Coronavirus and the Cartels. The article discusses COVID-19's
plz helping me to answer this question. thanks!

4. Read the following article, from the National Post: Coronavirus and the Cartels. The article discusses COVID-19's effect on organized crime. Consider the market for methamphetamine. Using supply and demand curves, explain the following events' im- pact on the market equilibrium. In each case, show and explain the transition to a new market equilibrium. (5% each) (a) From the article: "The gang's supply chain for the pre-cursor chemicals used to make meth, which normally come from China to Mexico, has been badly slowed since China went into pandemic lockdown. Supply of the synthetic opioid fentanyl, also sourced in China, has been similarly impacted." (b) Also from the article: "Derek Maltz, a former boss with DEA Special Operations in New York, told Fox News that at a time when cartels are running short, lockdown anxiety means more Americans are turning to the drugs. This includes meth and fentanyl..."
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
