Why can some black markets have prices higher than the legal market while other black markets have lower prices?Discuss
Illegal Markets – Operation John-John: Predict what happens in the market for illegal prostitution when the police execute “Operation John-John” where they use a “reverse sting” with fake prostitutes used to arrest prostitution demanders. This is a Supply & Demand question so I’m looking for changes in price and quantity. But you should also go […]