If the Market Demand for Illegal Drugs Consists of Addicts

question 16

Multiple Choice

If the market demand for illegal drugs consists of addicts and those who might experiment with the drug at the right price (casual users) , we can say that the

• A) market demand curve is almost horizontal.
• B) demand curve by addicts is inelastic.
• C) demand curve by casual users is inelastic.
• D) demand curve by addicts is perfectly elastic.
• E) demand curve by addicts is elastic.

---

Definitions:

Units Budgeted

The estimated quantity of units of production or sales that a company plans to achieve during a specific period.

Direct Cost

Expenses that can be directly tied to the production of specific goods or services, such as raw materials and labor.

Cost Object

An item for which costs are measured and assigned, which can include products, services, projects, or customers.

Volume of Activity

A term referring to the total amount of work or operations completed in a specific period, often used in analyzing business efficiency or productivity.