If the Market Demand for Illegal Drugs Consists of Addicts

question 46

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 vertical.
• B) demand curve by casual users is inelastic.
• C) demand curve by casual users is perfectly inelastic.
• D) demand curve by casual users is perfectly elastic.
• E) demand curve by casual users is elastic.

---

Definitions:

Product Recalls

The process of retrieving defective or unsafe goods from consumers and providing those affected with a refund, replacement, or repair.

Company Layoffs

The process by which a company reduces its workforce for reasons such as cost-cutting, restructuring, or downturns in business.

Legal Liabilities

Obligations under law arising from civil actions or torts, not fulfilling contracts, or statutory violations.

Negative Publicity

Unfavorable media coverage or public perception, often resulting from controversial actions or statements by an individual or organization.