ECO 561T Economics Wk 2 Discussion Answers
Respond to the following in a minimum of 175 words:
- Read the following statement and discuss if you agree or disagree, and your rationale: If the demand of illegal drugs is inelastic, increased arrests of illegal-drug sellers will increase total expenditures on illegal drugs.
- Discuss at least 2 reasons for the change in this scenario: Early suppliers of more fuel-efficient cars were able to charge premium prices for them, but that ability faded as other suppliers adopted similar technologies.
Reply to at least 2 of your classmates. Be constructive and professional in your responses.
ECO 561T Economics Wk 2 Discussion Answers .
Copyright 2019 by University of Phoenix. All rights reserved.