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Suppose that the demand for product A is perfectly inelastic and that the buyers of A get the funds to pay for it by stealing. a. If the supply of A decreases, what happens to its price? b. What happens to the amount of crime committed by the buyers of A?

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Suppose that the demand for product A is perfectly inelastic and that the buyers of A get the funds to pay for it by stealing. a. If the supply of A decreases, what happens to its price? b. What happens to the amount of crime committed by the buyers of A?

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Suppose that the demand for product A is perfectly inelastic and that the buyers of A get the funds to pay for it by stealing.

a. If the supply of A decreases, what happens to its price?

b. What happens to the amount of crime committed by the buyers of A?