Ivory Price Increase following Ivory Supply Decrease
By maia 1051 days ago | 40 views
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Description
Shift of the Supply curve to the left always accompanied by Price Increase. After goverment agents burn ivory, the market price for ivory will be up, increasing incentitives for illegal ivory harvesting. Burning ivory does not reach its goal curtaining illegal market of ivory.
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1 comments
profjholzner: Good!
Professor Holzner (1036 days ago)