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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
    A Quota Is
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A Quota Is

Question 71

Question 71

Multiple Choice

A quota is:


A) a quantity restriction.
B) a price control.
C) a consumer surplus.
D) a means to combat black markets.

Correct Answer:

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