Briefly discuss a substitute good and a complementary good for legal cannabis.

Respond to the following questions/topics:

  • How has the legalization impacted the market for this good? Very briefly discuss the price elasticity of demand for the good and what determines the elasticity.
  • In light of your readings for this week, how would you anticipate the market to change over the next few years?
  • Briefly discuss a substitute good and a complementary good for legal cannabis.
  • Create a supply-demand graph illustrating one of the shifts discussed in your paper, and explain the shift.

2-3 pages

3 American Sources

APA guidelines

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