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Business, 04.04.2020 06:06 deepunalli300p3ur3i

The production of methamphetamine (meth) is a social problem in the Midwest. Iowa is considering two potential programs: Operation "Methbust" would increase the number of sheriffs’ deputies to search out and destroy methamphetamine labs. Operation "Say No to Meth" would increase the training required of public school teachers so that they could better educate students about the health risks of using meth.

Assuming that each program were successful, which of the following statements is correct?

A. Operation "Methbust" would reduce the supply of meth; Operation "Say No to Meth" would reduce the demand for meth.

B. Both Operation Methbust and Say No would reduce the equilibrium price of meth; Operation Methbust would reduce the equilibrium quantity, whereas Say No would increase the equilibrium quantity of meth.

C. Both Operation "Methbust" and "Say No" would reduce the equilibrium quantity of meth; Operation "Methbust" would increase the equilibrium price, whereas "Say No" would reduce the equilibrium price
of meth.

D. A and B, only

E. A and C, only

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Answers: 1

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