Examlex
For a particular good,a 5 percent increase in price causes a 2 percent decrease in quantity demanded.Which of the following statements is most likely applicable to this good?
Heroin
An opioid drug made from morphine, a natural substance taken from the seed pod of various opium poppy plants, often used illicitly for its euphoric effects.
Marijuana
A psychoactive drug derived from the Cannabis plant, used for recreational or medicinal purposes.
Cocaine
A powerful and illegal stimulant drug derived from the leaves of the coca plant.
Marijuana Use
The consumption of cannabis, which can have various effects, both medicinal and recreational, on the body and mind.
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