Multiple Choice
When the value of a quota gets transferred to the original farmer, we call this:
A) the economic rent trap.
B) the transitional gains trap.
C) the agricultural leg hold trap.
D) the profit trap.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q77: Houses in cold winter climates will have
Q78: The real cost of allocating goods when
Q79: If the price of a substitute increases,
Q80: A tariff does which of the following?<br>A)lowers
Q81: If the demand curve in a constant
Q83: When a per unit tax is imposed
Q84: Which of the following is true if
Q85: Suppose that the demand for labour is
Q86: In New Zealand most of the homes
Q87: Suppose that the demand for rental accommodation