Multiple Choice
Recall the Application about the price of vanity license plates in Virginia to answer the following question(s) .
-Recall the illustration regarding antidrug policies and property crimes.What is the connection between antidrug policies and property crimes such as robbery,burglary,and auto theft?
A) An antidrug policy that increases drug prices will reduce drug consumption, but will also increase the amount of property crime committed by addicts who continue to abuse drugs.
B) An antidrug policy that increases drug prices will reduce drug consumption, but will also decrease the amount of property crime committed by addicts who continue to abuse drugs.
C) The demand for illegal drugs is elastic, the increase in price will increase total spending on illegal drugs.
D) The demand for illegal drugs is inelastic, the increase in price will decrease total spending on illegal drugs.
Correct Answer:

Verified
Correct Answer:
Verified
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