How could data collected on the price of drugs help us to distinguish betweenthese two explanations?
A survey shows an increase in drug use by young people. In the ensuing debate, two hypothesesare proposed: (1) reduced police efforts have increased the availability of drugs on the streetsand (2) cutbacks in education efforts have decreased awareness of the dangers of drugaddiction.a. Use the model of supply and demand to show how each hypothesis couldlead to an increase in the quantity of drugs consumed (you should draw two differentgraphs and analyze each hypothesis separately).b. How could data collected on the price of drugs help us to distinguish betweenthese two explanations?
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