Business, 18.02.2020 19:34 shawtybrown21

Looking only at the economic impact (not moral implications) of such changes in the laws, discuss how the existing system of supply and demand for illegal marijuana will be changed with the new legalization.
What will happen to existing supply avenues?
Will legalization significantly change demand? How?
Would one expect prices to change significantly? How?
What would be the costs and benefits to governments, both in changes in enforcement requirements and in potential tax revenue?

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Looking only at the economic impact (not moral implications) of such changes in the laws, discuss ho...

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