How the value of illegal goods or substances such as cocaine is determined by the government when they confiscate it 905 viewsJanuary 3, 2024 Question90.87K July 16, 2019 0 Comments I sort of assumed that if something is illegal to buy or sell the goverment would deem it to have no value within their economy In: Economics 3 Answers ActiveNewestOldest Anonymous Posted July 16, 2019 0 Comments It’s usually determined by “street value,” as in how much money you’d need to buy an equivalent amount from a dealer. Obviously it’s all illegal and the people involved try to keep it down, but junkies still need their fix so the law of supply and demand applies. You are viewing 1 out of 3 answers, click here to view all answers. Register or Login
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