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Given That Sale of Crack Cocaine for a Positive Price

question 35

Essay

Given that sale of crack cocaine for a positive price is completely banned in certain parts of the world,why is it that there is a thriving black market for this illegal drug? Explain with the help of demand and supply curves.


Definitions:

Operating Activities

Day-to-day actions that are involved in running a business, such as selling products, managing expenses, and paying employees.

Accounts Receivables

Assets of a business representing money owed by customers for goods or services that have been delivered but not yet paid for.

Use of Funds

An explanation of how money will be spent, typically within a business or project framework.

Return on Equity

A measure of a company's profitability by revealing how much profit a company generates with the money shareholders have invested.

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