Increasing Marginal Revenue and Demand Elasticity

Robert Marks

No 2013-27, Discussion Papers from School of Economics, The University of New South Wales

Abstract: If social “harm” is an inverse-U function against the degree of control of illicit drug markets, and if revenue can proxy “harm,” what demand functions result in increasing marginal revenue?

Keywords: illicit drug markets; increasing marginal revenue; demand functions (search for similar items in EconPapers)
JEL-codes: K42 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2013-10
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