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BU/224 BU224 BU 224 Week 3 Discussion

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BU 224 Week 3 Discussion Unit 3: Supply and Demand – Discussion Throughout this course, many discussion opportunities come up where you need to respond to other people’s opinions and comments. Then respond to your Discussion topic after you have completed your Reading. Marijuana Legalization There is much discussion in the press about several states moving to legalizing marijuana, either for only medical purposes, or more extremely, for recreational purposes. 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. 1. What will happen to existing supply avenues? 2. Will legalization significantly change demand? How? 3. Would one expect prices to change significantly? How? 4. What would be the costs and benefits to governments, both in changes in enforcement requirements and in potential tax revenue? Accounts Assignment Help, Accounts Homework help, Accounts Study Help, Accounts Course Help

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