During the 1990 's the black - market price of heroin decreased from $230 per gram to $75 per gram. At the smae time, the quantity of heroin consumed increased by about 100 metric tons. This outcome is most consistent with:
A. An increase in the supply of heroin
B. A decrease in the demand for heroin
C. A decrease in both the supply and demand for heroin
D. A decrease in the supply of heroin

Question

08-07-2024
Business

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During the 1990 's the black - market price of heroin decreased from $230 per gram to $75 per gram. At the smae time, the quantity of heroin consumed increased by about 100 metric tons. This outcome is most consistent with:
A. An increase in the supply of heroin
B. A decrease in the demand for heroin
C. A decrease in both the supply and demand for heroin
D. A decrease in the supply of heroin

Sagot :

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