Essay
Which is not a correct statement about the undesirable side effects of a quantity control?
A.Deadweight loss does not exist when there are quantity controls.
B.Some mutually beneficial transactions do not occur because of quantity controls.
C.When there are quantity controls, there are incentives for illegal activities.
D.A wedge between the demand price and supply price is created with quantity controls.
Correct Answer:
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Deadweight loss does...View Answer
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Correct Answer:
Verified
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