試題詳解

2. Which of the following is a correct statement about markets for prohibited goods? 
(A) Taxing a good at a sufficiently high rate can achieve the same consumption level as prohibition.
(B) Penalizing sellers of an illegal good decreases supply and penalizing buyers decreases demand.
(C) Penalizing either buyers or sellers of an illegal good decreases the quantity bought.
(D) All of the above are correct statements.