SlideShare una empresa de Scribd logo

Instruction Answer All Questions Question 1 20 marks The .pdf

•
•
A
adinathknit

Instruction: Answer All Questions Question 1 (20 marks) The government has decided to legalize marijuana production to encourage more farmers to farm the herb. Now answer the questions that follow. i) How will the government's decision affect equilibrium price and quantity of marijuana if demand for marijuana is perfectly inelastic and the supply is upward sloping? (Use a graph to support your explanation) 10 marks ii) How will the government's decision affect equilibrium price and quantity of marijuana if demand for marijuana is downward sloping and the supply is upward sloping? (Use a graph to support your explanation) 10 marks.

Educación
1 de 1
Descargar para leer sin conexión
Instruction: Answer All Questions Question 1 (20 marks) The government has decided to legalize marijuana production to encourage more farmers to farm the herb. Now answer the questions that follow. i) How will the government's decision affect equilibrium price and quantity of marijuana if demand for marijuana is perfectly inelastic and the supply is upward sloping? (Use a graph to support your explanation) 10 marks ii) How will the government's decision affect equilibrium price and quantity of marijuana if demand for marijuana is downward sloping and the supply is upward sloping? (Use a graph to support your explanation) 10 marks

Recomendados

It had been seven weeks since her surgery and Marlene was On.pdf
It had been seven weeks since her surgery and Marlene was On.pdfIt had been seven weeks since her surgery and Marlene was On.pdf
It had been seven weeks since her surgery and Marlene was On.pdfadinathknit
 
ISuppose that the marginal propensity to save is dya5057y+.pdf
ISuppose that the marginal propensity to save is dya5057y+.pdfISuppose that the marginal propensity to save is dya5057y+.pdf
ISuppose that the marginal propensity to save is dya5057y+.pdfadinathknit
 
IT 7113 Data Visualization and Dashboard Development Project.pdf
IT 7113 Data Visualization and Dashboard Development Project.pdfIT 7113 Data Visualization and Dashboard Development Project.pdf
IT 7113 Data Visualization and Dashboard Development Project.pdfadinathknit
 
issurecoit thevend at teedes ERetiat a patin puinen ra soo .pdf
issurecoit thevend at teedes ERetiat a patin puinen ra soo .pdfissurecoit thevend at teedes ERetiat a patin puinen ra soo .pdf
issurecoit thevend at teedes ERetiat a patin puinen ra soo .pdfadinathknit
 
ISO 9000 uluslararas kalite standarddr Standardn en son dei.pdf
ISO 9000 uluslararas kalite standarddr Standardn en son dei.pdfISO 9000 uluslararas kalite standarddr Standardn en son dei.pdf
ISO 9000 uluslararas kalite standarddr Standardn en son dei.pdfadinathknit
 
Isabella Penrose la gerente general le pidi a la Sra Sul.pdf
Isabella Penrose la gerente general le pidi a la Sra Sul.pdfIsabella Penrose la gerente general le pidi a la Sra Sul.pdf
Isabella Penrose la gerente general le pidi a la Sra Sul.pdfadinathknit
 
Isaiah is a 9 vear old malewho was diaanosed with Cerebra.pdf
Isaiah is a 9 vear old malewho was diaanosed with Cerebra.pdfIsaiah is a 9 vear old malewho was diaanosed with Cerebra.pdf
Isaiah is a 9 vear old malewho was diaanosed with Cerebra.pdfadinathknit
 
Is there convincing evidence that less than half of American.pdf
Is there convincing evidence that less than half of American.pdfIs there convincing evidence that less than half of American.pdf
Is there convincing evidence that less than half of American.pdfadinathknit
 

Recomendados

It had been seven weeks since her surgery and Marlene was On.pdf
It had been seven weeks since her surgery and Marlene was On.pdfIt had been seven weeks since her surgery and Marlene was On.pdf
It had been seven weeks since her surgery and Marlene was On.pdfadinathknit
 
ISuppose that the marginal propensity to save is dya5057y+.pdf
ISuppose that the marginal propensity to save is dya5057y+.pdfISuppose that the marginal propensity to save is dya5057y+.pdf
ISuppose that the marginal propensity to save is dya5057y+.pdfadinathknit
 
IT 7113 Data Visualization and Dashboard Development Project.pdf
IT 7113 Data Visualization and Dashboard Development Project.pdfIT 7113 Data Visualization and Dashboard Development Project.pdf
IT 7113 Data Visualization and Dashboard Development Project.pdfadinathknit
 
issurecoit thevend at teedes ERetiat a patin puinen ra soo .pdf
issurecoit thevend at teedes ERetiat a patin puinen ra soo .pdfissurecoit thevend at teedes ERetiat a patin puinen ra soo .pdf
issurecoit thevend at teedes ERetiat a patin puinen ra soo .pdfadinathknit
 
ISO 9000 uluslararas kalite standarddr Standardn en son dei.pdf
ISO 9000 uluslararas kalite standarddr Standardn en son dei.pdfISO 9000 uluslararas kalite standarddr Standardn en son dei.pdf
ISO 9000 uluslararas kalite standarddr Standardn en son dei.pdfadinathknit
 
Isabella Penrose la gerente general le pidi a la Sra Sul.pdf
Isabella Penrose la gerente general le pidi a la Sra Sul.pdfIsabella Penrose la gerente general le pidi a la Sra Sul.pdf
Isabella Penrose la gerente general le pidi a la Sra Sul.pdfadinathknit
 
Isaiah is a 9 vear old malewho was diaanosed with Cerebra.pdf
Isaiah is a 9 vear old malewho was diaanosed with Cerebra.pdfIsaiah is a 9 vear old malewho was diaanosed with Cerebra.pdf
Isaiah is a 9 vear old malewho was diaanosed with Cerebra.pdfadinathknit
 
Is there convincing evidence that less than half of American.pdf
Is there convincing evidence that less than half of American.pdfIs there convincing evidence that less than half of American.pdf
Is there convincing evidence that less than half of American.pdfadinathknit
 
Is the following statement true or false and why this sta.pdf
Is the following statement true or false and why this sta.pdfIs the following statement true or false and why this sta.pdf
Is the following statement true or false and why this sta.pdfadinathknit
 
Is the coefficient 0 1 or not defined Please provide expl.pdf
Is the coefficient 0 1 or not defined Please provide expl.pdfIs the coefficient 0 1 or not defined Please provide expl.pdf
Is the coefficient 0 1 or not defined Please provide expl.pdfadinathknit
 
Is the drawn T the doubled version of T If not what is th.pdf
Is the drawn T the doubled version of T If not what is th.pdfIs the drawn T the doubled version of T If not what is th.pdf
Is the drawn T the doubled version of T If not what is th.pdfadinathknit
 
Is SPI filtering for packets that are part of ongoing commun.pdf
Is SPI filtering for packets that are part of ongoing commun.pdfIs SPI filtering for packets that are part of ongoing commun.pdf
Is SPI filtering for packets that are part of ongoing commun.pdfadinathknit
 
Is it possible to create a bottom navigation with two option.pdf
Is it possible to create a bottom navigation with two option.pdfIs it possible to create a bottom navigation with two option.pdf
Is it possible to create a bottom navigation with two option.pdfadinathknit
 
Is gain of function correct Colors indicate range of gene e.pdf
Is gain of function correct Colors indicate range of gene e.pdfIs gain of function correct Colors indicate range of gene e.pdf
Is gain of function correct Colors indicate range of gene e.pdfadinathknit
 
irketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdf
irketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdfirketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdf
irketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdfadinathknit
 
irketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdf
irketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdfirketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdf
irketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdfadinathknit
 
Ire ntanin Cedar of ontry into recinient cell Given the abo.pdf
Ire ntanin Cedar of ontry into recinient cell Given the abo.pdfIre ntanin Cedar of ontry into recinient cell Given the abo.pdf
Ire ntanin Cedar of ontry into recinient cell Given the abo.pdfadinathknit
 
IP Fragmentation Consider sending a 2000 byte datagram in.pdf
IP Fragmentation Consider sending a 2000 byte datagram in.pdfIP Fragmentation Consider sending a 2000 byte datagram in.pdf
IP Fragmentation Consider sending a 2000 byte datagram in.pdfadinathknit
 
Investors have a utility function over wealth of Retur.pdf
Investors have a utility function over wealth of Retur.pdfInvestors have a utility function over wealth of Retur.pdf
Investors have a utility function over wealth of Retur.pdfadinathknit
 
Investors have different risk preferences Most people are n.pdf
Investors have different risk preferences Most people are n.pdfInvestors have different risk preferences Most people are n.pdf
Investors have different risk preferences Most people are n.pdfadinathknit
 
Investigue la teora de la endosimbiosis y describa qu es c.pdf
Investigue la teora de la endosimbiosis y describa qu es c.pdfInvestigue la teora de la endosimbiosis y describa qu es c.pdf
Investigue la teora de la endosimbiosis y describa qu es c.pdfadinathknit
 
Investiga el caso de Stella Liebeck una abuela anciana que .pdf
Investiga el caso de Stella Liebeck una abuela anciana que .pdfInvestiga el caso de Stella Liebeck una abuela anciana que .pdf
Investiga el caso de Stella Liebeck una abuela anciana que .pdfadinathknit
 
Investment Advisors must understand the volatility risk asso.pdf
Investment Advisors must understand the volatility risk asso.pdfInvestment Advisors must understand the volatility risk asso.pdf
Investment Advisors must understand the volatility risk asso.pdfadinathknit
 
Investigacin de una asignacin de destino Elige un lugar .pdf
Investigacin de una asignacin de destino Elige un lugar .pdfInvestigacin de una asignacin de destino Elige un lugar .pdf
Investigacin de una asignacin de destino Elige un lugar .pdfadinathknit
 
Inversin interna privada bruta 46 Exportaciones de EE UU.pdf
Inversin interna privada bruta 46 Exportaciones de EE UU.pdfInversin interna privada bruta 46 Exportaciones de EE UU.pdf
Inversin interna privada bruta 46 Exportaciones de EE UU.pdfadinathknit
 
Inventory Costing Methods Periodic Inventory System Append.pdf
Inventory Costing Methods Periodic Inventory System Append.pdfInventory Costing Methods Periodic Inventory System Append.pdf
Inventory Costing Methods Periodic Inventory System Append.pdfadinathknit
 
Inventory Costing Methods Periodic LIFO Appendix 6B Filim.pdf
Inventory Costing Methods Periodic LIFO Appendix 6B Filim.pdfInventory Costing Methods Periodic LIFO Appendix 6B Filim.pdf
Inventory Costing Methods Periodic LIFO Appendix 6B Filim.pdfadinathknit
 
Introduction One can argue that the most challenging task in.pdf
Introduction One can argue that the most challenging task in.pdfIntroduction One can argue that the most challenging task in.pdf
Introduction One can argue that the most challenging task in.pdfadinathknit
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdfQucHHunhnh
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 

Más contenido relacionado

Más de adinathknit

Is the following statement true or false and why this sta.pdf
Is the following statement true or false and why this sta.pdfIs the following statement true or false and why this sta.pdf
Is the following statement true or false and why this sta.pdfadinathknit
 
Is the coefficient 0 1 or not defined Please provide expl.pdf
Is the coefficient 0 1 or not defined Please provide expl.pdfIs the coefficient 0 1 or not defined Please provide expl.pdf
Is the coefficient 0 1 or not defined Please provide expl.pdfadinathknit
 
Is the drawn T the doubled version of T If not what is th.pdf
Is the drawn T the doubled version of T If not what is th.pdfIs the drawn T the doubled version of T If not what is th.pdf
Is the drawn T the doubled version of T If not what is th.pdfadinathknit
 
Is SPI filtering for packets that are part of ongoing commun.pdf
Is SPI filtering for packets that are part of ongoing commun.pdfIs SPI filtering for packets that are part of ongoing commun.pdf
Is SPI filtering for packets that are part of ongoing commun.pdfadinathknit
 
Is it possible to create a bottom navigation with two option.pdf
Is it possible to create a bottom navigation with two option.pdfIs it possible to create a bottom navigation with two option.pdf
Is it possible to create a bottom navigation with two option.pdfadinathknit
 
Is gain of function correct Colors indicate range of gene e.pdf
Is gain of function correct Colors indicate range of gene e.pdfIs gain of function correct Colors indicate range of gene e.pdf
Is gain of function correct Colors indicate range of gene e.pdfadinathknit
 
irketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdf
irketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdfirketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdf
irketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdfadinathknit
 
irketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdf
irketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdfirketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdf
irketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdfadinathknit
 
Ire ntanin Cedar of ontry into recinient cell Given the abo.pdf
Ire ntanin Cedar of ontry into recinient cell Given the abo.pdfIre ntanin Cedar of ontry into recinient cell Given the abo.pdf
Ire ntanin Cedar of ontry into recinient cell Given the abo.pdfadinathknit
 
IP Fragmentation Consider sending a 2000 byte datagram in.pdf
IP Fragmentation Consider sending a 2000 byte datagram in.pdfIP Fragmentation Consider sending a 2000 byte datagram in.pdf
IP Fragmentation Consider sending a 2000 byte datagram in.pdfadinathknit
 
Investors have a utility function over wealth of Retur.pdf
Investors have a utility function over wealth of Retur.pdfInvestors have a utility function over wealth of Retur.pdf
Investors have a utility function over wealth of Retur.pdfadinathknit
 
Investors have different risk preferences Most people are n.pdf
Investors have different risk preferences Most people are n.pdfInvestors have different risk preferences Most people are n.pdf
Investors have different risk preferences Most people are n.pdfadinathknit
 
Investigue la teora de la endosimbiosis y describa qu es c.pdf
Investigue la teora de la endosimbiosis y describa qu es c.pdfInvestigue la teora de la endosimbiosis y describa qu es c.pdf
Investigue la teora de la endosimbiosis y describa qu es c.pdfadinathknit
 
Investiga el caso de Stella Liebeck una abuela anciana que .pdf
Investiga el caso de Stella Liebeck una abuela anciana que .pdfInvestiga el caso de Stella Liebeck una abuela anciana que .pdf
Investiga el caso de Stella Liebeck una abuela anciana que .pdfadinathknit
 
Investment Advisors must understand the volatility risk asso.pdf
Investment Advisors must understand the volatility risk asso.pdfInvestment Advisors must understand the volatility risk asso.pdf
Investment Advisors must understand the volatility risk asso.pdfadinathknit
 
Investigacin de una asignacin de destino Elige un lugar .pdf
Investigacin de una asignacin de destino Elige un lugar .pdfInvestigacin de una asignacin de destino Elige un lugar .pdf
Investigacin de una asignacin de destino Elige un lugar .pdfadinathknit
 
Inversin interna privada bruta 46 Exportaciones de EE UU.pdf
Inversin interna privada bruta 46 Exportaciones de EE UU.pdfInversin interna privada bruta 46 Exportaciones de EE UU.pdf
Inversin interna privada bruta 46 Exportaciones de EE UU.pdfadinathknit
 
Inventory Costing Methods Periodic Inventory System Append.pdf
Inventory Costing Methods Periodic Inventory System Append.pdfInventory Costing Methods Periodic Inventory System Append.pdf
Inventory Costing Methods Periodic Inventory System Append.pdfadinathknit
 
Inventory Costing Methods Periodic LIFO Appendix 6B Filim.pdf
Inventory Costing Methods Periodic LIFO Appendix 6B Filim.pdfInventory Costing Methods Periodic LIFO Appendix 6B Filim.pdf
Inventory Costing Methods Periodic LIFO Appendix 6B Filim.pdfadinathknit
 
Introduction One can argue that the most challenging task in.pdf
Introduction One can argue that the most challenging task in.pdfIntroduction One can argue that the most challenging task in.pdf
Introduction One can argue that the most challenging task in.pdfadinathknit
 

Más de adinathknit (20)

Is the following statement true or false and why this sta.pdf
Is the following statement true or false and why this sta.pdfIs the following statement true or false and why this sta.pdf
Is the following statement true or false and why this sta.pdf
 
Is the coefficient 0 1 or not defined Please provide expl.pdf
Is the coefficient 0 1 or not defined Please provide expl.pdfIs the coefficient 0 1 or not defined Please provide expl.pdf
Is the coefficient 0 1 or not defined Please provide expl.pdf
 
Is the drawn T the doubled version of T If not what is th.pdf
Is the drawn T the doubled version of T If not what is th.pdfIs the drawn T the doubled version of T If not what is th.pdf
Is the drawn T the doubled version of T If not what is th.pdf
 
Is SPI filtering for packets that are part of ongoing commun.pdf
Is SPI filtering for packets that are part of ongoing commun.pdfIs SPI filtering for packets that are part of ongoing commun.pdf
Is SPI filtering for packets that are part of ongoing commun.pdf
 
Is it possible to create a bottom navigation with two option.pdf
Is it possible to create a bottom navigation with two option.pdfIs it possible to create a bottom navigation with two option.pdf
Is it possible to create a bottom navigation with two option.pdf
 
Is gain of function correct Colors indicate range of gene e.pdf
Is gain of function correct Colors indicate range of gene e.pdfIs gain of function correct Colors indicate range of gene e.pdf
Is gain of function correct Colors indicate range of gene e.pdf
 
irketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdf
irketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdfirketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdf
irketlerin zellikleri ile ilgili olarak aadakilerden hangis.pdf
 
irketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdf
irketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdfirketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdf
irketimizin aadaki nakit aklarna sahip bir projesi bulunmakt.pdf
 
Ire ntanin Cedar of ontry into recinient cell Given the abo.pdf
Ire ntanin Cedar of ontry into recinient cell Given the abo.pdfIre ntanin Cedar of ontry into recinient cell Given the abo.pdf
Ire ntanin Cedar of ontry into recinient cell Given the abo.pdf
 
IP Fragmentation Consider sending a 2000 byte datagram in.pdf
IP Fragmentation Consider sending a 2000 byte datagram in.pdfIP Fragmentation Consider sending a 2000 byte datagram in.pdf
IP Fragmentation Consider sending a 2000 byte datagram in.pdf
 
Investors have a utility function over wealth of Retur.pdf
Investors have a utility function over wealth of Retur.pdfInvestors have a utility function over wealth of Retur.pdf
Investors have a utility function over wealth of Retur.pdf
 
Investors have different risk preferences Most people are n.pdf
Investors have different risk preferences Most people are n.pdfInvestors have different risk preferences Most people are n.pdf
Investors have different risk preferences Most people are n.pdf
 
Investigue la teora de la endosimbiosis y describa qu es c.pdf
Investigue la teora de la endosimbiosis y describa qu es c.pdfInvestigue la teora de la endosimbiosis y describa qu es c.pdf
Investigue la teora de la endosimbiosis y describa qu es c.pdf
 
Investiga el caso de Stella Liebeck una abuela anciana que .pdf
Investiga el caso de Stella Liebeck una abuela anciana que .pdfInvestiga el caso de Stella Liebeck una abuela anciana que .pdf
Investiga el caso de Stella Liebeck una abuela anciana que .pdf
 
Investment Advisors must understand the volatility risk asso.pdf
Investment Advisors must understand the volatility risk asso.pdfInvestment Advisors must understand the volatility risk asso.pdf
Investment Advisors must understand the volatility risk asso.pdf
 
Investigacin de una asignacin de destino Elige un lugar .pdf
Investigacin de una asignacin de destino Elige un lugar .pdfInvestigacin de una asignacin de destino Elige un lugar .pdf
Investigacin de una asignacin de destino Elige un lugar .pdf
 
Inversin interna privada bruta 46 Exportaciones de EE UU.pdf
Inversin interna privada bruta 46 Exportaciones de EE UU.pdfInversin interna privada bruta 46 Exportaciones de EE UU.pdf
Inversin interna privada bruta 46 Exportaciones de EE UU.pdf
 
Inventory Costing Methods Periodic Inventory System Append.pdf
Inventory Costing Methods Periodic Inventory System Append.pdfInventory Costing Methods Periodic Inventory System Append.pdf
Inventory Costing Methods Periodic Inventory System Append.pdf
 
Inventory Costing Methods Periodic LIFO Appendix 6B Filim.pdf
Inventory Costing Methods Periodic LIFO Appendix 6B Filim.pdfInventory Costing Methods Periodic LIFO Appendix 6B Filim.pdf
Inventory Costing Methods Periodic LIFO Appendix 6B Filim.pdf
 
Introduction One can argue that the most challenging task in.pdf
Introduction One can argue that the most challenging task in.pdfIntroduction One can argue that the most challenging task in.pdf
Introduction One can argue that the most challenging task in.pdf
 

Último

1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdfQucHHunhnh
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Celine George
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology ( Production , Purification , and Application ) Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
mini mental status format.docx
mini mental status format.docxmini mental status format.docx
mini mental status format.docxPoojaSen20
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991RKavithamani
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxRoyAbrique
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesFatimaKhan178732
 

Último (20)

1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology ( Production , Purification , and Application ) Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology ( Production , Purification , and Application )
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
mini mental status format.docx
mini mental status format.docxmini mental status format.docx
mini mental status format.docx
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
 

Instruction Answer All Questions Question 1 20 marks The .pdf

  • 1. Instruction: Answer All Questions Question 1 (20 marks) The government has decided to legalize marijuana production to encourage more farmers to farm the herb. Now answer the questions that follow. i) How will the government's decision affect equilibrium price and quantity of marijuana if demand for marijuana is perfectly inelastic and the supply is upward sloping? (Use a graph to support your explanation) 10 marks ii) How will the government's decision affect equilibrium price and quantity of marijuana if demand for marijuana is downward sloping and the supply is upward sloping? (Use a graph to support your explanation) 10 marks