If Penalties Are Imposed Only on Buyers (But Not on Sellers)

question 43

Multiple Choice

If penalties are imposed only on buyers (but not on sellers) of marijuana, the equilibrium price of marijuana will _______, and the equilibrium quantity of marijuana sold _______.

• A) fall; decreases
• B) fall; increases
• C) rise; increases
• D) rise; decreases

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Definitions:

Workplace

A location where people are employed and engage in activities related to their jobs; it encompasses the physical environment as well as the social and cultural setting.

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Mental or emotional disturbances affecting behavior, thinking, and feeling, sometimes requiring clinical attention.

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The habitual non-presence of an individual supposed to be at work, often without good reason.

Internet Use Disorder

A condition characterized by excessive and problematic use of the internet, leading to significant impairment or distress.