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  3. Study Set
    Microeconomics Study Set 44
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    Exam 5: Price Controls and Quotas: Meddling With Markets
  5. Question
    Quota Limits Cause
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Quota Limits Cause

Question 9

Question 9

Multiple Choice

Quota limits cause:


A) the demand price to be above the supply price.
B) the quantity demanded to be more than the quantity supplied.
C) the quantity demanded to be less than the quantity supplied.
D) the demand price to be less than the supply price.

Correct Answer:

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