(Or keeping it`s "glamour" to use youngsters natural appeal for transgression and therefore their will to try it in order the business to go on? Or do you think that legalization would spread it´s use? If so it means that what prevents large scale use is it`s price? If so why so many poor people use it? They are poor because they use it or they use it because it´s the only way they have to have some pleasure/relief in their poor life quality? Or are pot users just imoral? If none of these what is the reason not to legalize?)
2006-12-15 06:04:39 · 4 answers · asked by palmestre 2 in Social Science ➔ Economics
I see. I guess Cuba's infant mortality rate -- if they're even accurate numbers! -- justify Castro's prisons and torture squads and execution goons.
Got it. Thanks for helping me see the light.
2006-12-17 22:30:23 · answer #1 · answered by Anonymous · 0⤊ 0⤋
bleh
ok 2 answer your question many "poorer" ppl use pot because its alot more acceptable within the hip hop culture than the main stream...
do a simple graphical partial market analysis for the supply and demand of weed, then increase both demand and supply... what happenes 2 the price, we dont know because we can't really predict what the changes in supply and demand will be...
my best guess is that prices would go down, but thats just a guess... look @ prohibition and alcohol prices went up... even though the goverment was not taxing the illegal alcohol (note demand also decreased as no so many ppl were willing to break the law inorder to drink)
gl
p.s. i purposely ignored the fact that you really wanted to argue about whether pot should be legal or not, this is not the topic because u did not ask this as a "welfare economic" question, pls take this kinda stuff to politicalics or w/e
2006-12-15 14:16:02 · answer #2 · answered by p34nu7bu773rj3lly7im3 2 · 0⤊ 0⤋
Yes, the prohibition of pot keeps it's price high. If pot were legalized independant growers would replace the illegal drug cartels as the main suppliers, shifting the supply curve to the right. While it's true a corresponding increase in demand is likely, I anticipate the increase in supply would be large enough to moderate prices.
2006-12-15 14:29:08 · answer #3 · answered by kirbyguy44 3 · 0⤊ 0⤋
Keeping it illegal does keep prices high, because it limits supply, and because criminals have to be compensated for the risks they take.
Legalization would certainly increase it's use, and it would vastly increase the supply, so in the end, the prices would come down.
2006-12-15 19:13:13 · answer #4 · answered by Uncle Pennybags 7 · 0⤊ 0⤋