Which of the Following Statements Is Correct

question 390

Multiple Choice

Which of the following statements is correct?

• A)Advocates for drug-interdiction policies that reduce the supply of illegal drugs argue that the demand for illegal drugs may be more responsive in the long run than in the short run.
• B)The demand for illegal drugs is price inelastic.
• C)Drug interdiction efforts that reduce the supply of illegal drugs may increase drug-related crimes.
• D)All of the above are correct.

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Definitions:

Variables

Elements, features, or factors that are likely to vary or change.

Economists

Professionals who study how societies use available resources to produce valuable commodities and distribute them among different people.

Normative Statement

Describes expressions of what ought to be rather than what is, often reflecting opinions or prescriptions for policy rather than objective statements.

Legal Age

The age at which an individual is recognized by law as an adult and capable of accepting responsibility for actions.