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If the purchase and sale of marijuana becomes legalized

Lettucebereal

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8 months ago

If the purchase and sale of marijuana becomes legalized

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the equilibrium price and quantity will both rise.

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the equilibrium price will fall, but the change in equilibrium quantity depends upon whether the demand curve shifts rightward more or the supply curve shifts rightward more.

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the equilibrium quantity will rise, but the change in equilibrium price depends upon whether the demand curve shifts rightward more or the supply curve shifts rightward more.

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the equilibrium price and quantity will both fall.

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Economics

Edition: 12^th

Author: Arnold

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mavrik8511

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More solutions for this book are available here

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Lettucebereal Author

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Thanks

jamesbove

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Helped a lot

ealvino1610

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Brilliant ツ

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