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If the demand for illegal drugs is inelastic then a government policy that causes Illegal drug prices to rise would cause those who support their drug habit by property theft to 

          If the demand for illegal drugs is inelastic then a government policy that causes Illegal drug prices to rise would cause those who support their drug habit by property theft to

Added by Adam D.

Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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If the demand for illegal drugs is inelastic then a government policy that causes Illegal drug prices to rise would cause those who support their drug habit by property theft to
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Transcript

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00:02 If a supply of illegal drugs decreases due to successful campaign, the price of illegal drugs will increase.
00:24 This is because demand for illegal drugs is inelastic, meaning that people will still be willing to pay a high price for drugs even if the supply is low.
00:41 As a result, the amount spent on illegal drugs will also increase.
00:46 So the amount of crime may decrease if the supply of drugs decreases.
01:05 This is because much of expenditure on illegal drugs comes from crime such as theft or drug related violence...
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