Q Assume which Sweden also Portugal both produce oil also stained glass. Sweden's opportunity cost of producing a pane of stained glass is 8 barrels of oil, while Portugal's prospect cost of producing a pane of stained glass is 5 barrels of oil
Q. With the aid of a diagram(s) predict illustrate what would take place to the equilibrium price of marijuana if it were legalized
Q. Do you consider the demand for marijuana to be price elastic or price inelastic? Carefully explain your answer?