What Is the Economic Reasoning Behind the Proposal to Legalize

question 108

Multiple Choice

What is the economic reasoning behind the proposal to legalize drugs?

• A) Legal drugs will greatly increase the supply, which will reduce the price Americans pay to foreign producers of the drugs.
• B) All forms of government restrictions on behavior are immoral and ought to be removed.
• C) Legal drugs will be much cheaper than illegal drugs, which will reduce incentive for crime to obtain money for drugs and to protect drug "businesses."
• D) Legal drugs will be more expensive than illegal drugs, and the market system will encourage more production, thus lowering the price.
• E) Dealing with supply is always easier than dealing with demand, and legalization accomplishes that.

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Definitions:

Municipal Solid Waste

Municipal solid waste refers to the everyday garbage or trash produced by households, businesses, and institutions within a municipality.

Hazardous Wastes

Materials that pose potential risks to public health or the environment due to their toxic, corrosive, or flammable properties, requiring special disposal methods.

Perpetual Storage

the concept of storing something indefinitely, often used in the context of waste management or carbon sequestration.

Incineration

The process of burning waste materials to reduce their volume and mass and sometimes to generate energy, though it can produce harmful emissions.