Which of the Following Would Likely Result If the Use

question 79

Multiple Choice

Which of the following would likely result if the use of a new drug, "euphoria," were made illegal?

• A) An increase in the demand for "euphoria."
• B) A decrease in the supply of "euphoria."
• C) A decrease in the price of "euphoria."
• D) Less organized criminal activity associated with the trade of "euphoria."

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Definitions:

Utility

In economics, the total satisfaction received from consuming a good or service.

Marginal Utility

The additional satisfaction or utility gained from consuming one more unit of a good or service.

Apples

In economic terms, apples can be used as an example commodity to discuss principles like supply, demand, and market equilibrium.

Oranges

A citrus fruit known for its round shape and juicy, sweet interior, widely cultivated in warm climates.