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Question 194

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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 250 pounds, it will have the same effect on transactions as a price floor of: A) $17.50 B) $10 C) $7.50 D) The answer cannot be determined from the information provided.
-(Figure: The Shrimp Market) Look at the figure The Shrimp Market. If the government imposes a quota limiting sales of shrimp to 250 pounds, it will have the same effect on transactions as a price floor of:


A) $17.50
B) $10
C) $7.50
D) The answer cannot be determined from the information provided.

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