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    Microeconomics Study Set 44
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 87

Question 87

Multiple Choice

Use the following to answer questions:
Figure: The Shrimp Market Use the following to answer questions: Figure: The Shrimp Market   -(Figure: The Shrimp Market)  Look at the figure The Shrimp Market. If the government imposes a quota limiting sales of shrimp to 1,000 pounds, the quota rent per pound is: A)  $15. B)  $10. C)  $5. D)  $0.
-(Figure: The Shrimp Market) Look at the figure The Shrimp Market. If the government imposes a quota limiting sales of shrimp to 1,000 pounds, the quota rent per pound is:


A) $15.
B) $10.
C) $5.
D) $0.

Correct Answer:

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