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One component of the Patriot Act of 2006 was the "Combat Methamphetamine Epidemic Act", which prohibited the over the-counter sale of cold medicines that contain pseudoephedrine (which is commonly used to make meth). Ceteris paribus, what is a likely impact of this Act in the market for meth?

a) An increase in the supply of meth and a decrease in meth prices.

b) A decrease in the supply of meth and a decrease in meth prices.

c) An decrease in the supply meth and an increase in meth prices.

d) An increase in the demand for ephedrine, an alternative input to meth

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91567327

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