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Cuba Cuba
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Posts: 2658
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9 years ago
Suppose the government wants to reduce the illegal importation of exotic animals used as pets and tries to achieve this goal by interrupting the supply of illegally imported exotic animals. If the demand for these animals is highly elastic, this government effort will result in
A) a small reduction in the quantity of exotic pets demanded.
B) a large reduction in the quantity of exotic pets demanded.
C) no change in the quantity of exotic pets demanded.
D) an increase in the quantity of exotic pets demanded.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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SydnieSydnie
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9 years ago
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Cuba Author
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8 years ago
Exactly what I needed, thanks a million.
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