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Question 177

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Use the following to answer question: Use the following to answer question:   -(Figure: The Market for SUVs) Use Figure: The Market for SUVs.A quota of _____ will bring about the same price and output in the market for yachts as would an excise tax of $60,000. A) 2,000 B) 3,000 C) 4,000 D) The answer is impossible to determine.
-(Figure: The Market for SUVs) Use Figure: The Market for SUVs.A quota of _____ will bring about the same price and output in the market for yachts as would an excise tax of $60,000.


A) 2,000
B) 3,000
C) 4,000
D) The answer is impossible to determine.

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