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Figure 7.3 Assume That the Canadian Government Limits the Import of Peanuts

Question 120

Multiple Choice

Figure 7.3
Figure 7.3 Assume that the Canadian government limits the import of peanuts. -Refer to Figure 7.3.What is the area of consumer surplus after the imposition of the quota? A) A + G + H B) G + H + E + I+ J + M C) G + H D) A
Assume that the Canadian government limits the import of peanuts.
-Refer to Figure 7.3.What is the area of consumer surplus after the imposition of the quota?


A) A + G + H
B) G + H + E + I+ J + M
C) G + H
D) A

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