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Beginning of Paper
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The Economics of Drugs and Prostitution
Illegal drugs are considered one of the most severe problems facing our society. These include cocaine, heroin, and methamphetamine. These substances are seen as problematic for a number of reasons. Firstly, they are highly addictive and create a serious chemical dependence in their users. These users are consumed by their addiction and let it dictate their thoughts ....
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Middle of Paper
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.... to hinder and cripple the drug distribution network and infrastructure. In terms of supply and demand analysis, they are reducing the supply of illegal drugs and causing the supply curve to shift to the left (Figure 1). As a result, the market price of drugs rises and the equilibrium quantity falls, so the law enforcement approach does in fact reduce the quantity of illegal drugs found in society. Unfortunately, this approach has several shortcomings and may in fact not be the best solution ....
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ADDITIONAL FEATURED ESSAYS
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