If the Market Demand for Illegal Drugs Consists of Addicts

question 71

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 seller would

• A) price discriminate by charging the addict more than the casual user.
• B) price discriminate by charging the addict the same as the casual user.
• C) price discriminate by charging the casual user more than the addict.
• D) not be able to sell any drugs.
• E) lose money.

---

Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, payable to lenders as a finance charge over the term of the loan.

Existing Account Payable

Existing Account Payable refers to accounts payable obligations that are currently outstanding, representing previous credit purchases yet to be settled.

Notes Payable

Short-term or long-term liabilities representing amounts owed to creditors or lenders, evidenced by a written promissory note.

Account Payable

Money owed by a business to its suppliers shown as a liability on the company's balance sheet.