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What Is a Black Market? Under What Conditions Does Such

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What is a black market? Under what conditions does such a market emerge? How do the prices charged on the black market compare to the conditions that exist in the legal market?


Definitions:

Forensic

Relates to the application of scientific methods and techniques to the investigation of crimes.

Behavioral

Refers to actions or reactions of an organism, usually in relation to the environment.

Biological

Pertaining to the science of life or living organisms, encompassing their structure, function, growth, origin, evolution, and distribution.

Functional Fixedness

Failing to solve a problem as a result of fixation on a thing’s usual functions.

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