Economics Homework Help
Economics Homework Help. What is likely to be the impact of the US government’s war on drugs
Illegal Drugs
Assume that the market for illegal drugs is an example of a perfectly
competitive market structure. Describe what the perfectly competitive
market model predicts for illegal drugs in the long run.
What is likely to be the impact of the U.S. government s war on drugs in the short run? In the long run?
Use economics to discuss this issue and explain these ideas.