Multiple Choice
The market for salmon is in equilibrium. A price ceiling, a price floor, and a quota limit in this market would all cause:
A) deadweight loss arising from a quantity exchanged that is less than the equilibrium quantity.
B) a supply price that exceeds a demand price.
C) revenue collected by the government on each unit of salmon harvested.
D) deadweight loss arising from a transfer of surplus from consumers to producers.
Correct Answer:

Verified
Correct Answer:
Verified
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