Economics of sex and drugs Essay Example | Topics and Well Written Essays - 250 words

Economics of sex and drugs - Essay Exampleeople who get out be visiting the city of Denver testament lead to an imbalance in the market for prostitution and this is bound to create some pressures on the prices for the service. The various balances of the effects as well as the movements pass judgment are discussed below in order to have a clear picture on the judge outcomes (Moffatt, Peter and Simon, 681).As has been mentioned above, the first basic effect of the National Western Stock show is the accompaniment that there will be some imbalances in the supply and look at of prostitution service. This is due to the particular that a lot of people are anticipate to come to the city to show case their products and services while others will be visiting the city in order to experience the show. The first dimension of this inflow is that there will be an growing in the demand for prostitution services and this is pass judgment to push the prices upward as the market forces ad just themselves accordingly. It is expected that the prostitutes operating in the city will increase the prices of their services in order to benefit from increased demand for their services (Moffatt, Peter and Simon, 683).Additionally, the influx of people will bring in people with to a greater extent disposable income and therefore, they will be voluntary to spend their money on various forms of leisure and entertainment such as seeking the services of prostitutes. This will lead to an increase in the prices of the services since they will be willing to pay more than normal in order to access the scarce services. It is however, important to note that this may not go on for long as the market will adjust itself almost immediately as it is expected that other prostitutes from other cities and localities will also invade the city in order to benefit from go services to the people at the show. This means that the supply of prostitution services may actually increase and this may put a downward pressure on the prices (Dill 96).The expected increase in the demand for