Multiple Choice
Use the following to answer questions:
Figure: The Market for Yachts
-(Figure: The Market for Yachts) Look at the figure The Market for Yachts. A quota of _____ will bring about the same price and output in the market for yachts as would an excise tax of $30,000.
A) 2,000
B) 3,000
C) 4,000
D) The answer is impossible to determine.
Correct Answer:

Verified
Correct Answer:
Verified
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