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

Question 36

Question 36

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 that represents the deadweight loss as a result of the quota? A) G + H B) G + H + I + J C) E + I + J + M D) E + M
Assume that the Canadian government limits the import of peanuts.
-Refer to Figure 7.3.What is the area that represents the deadweight loss as a result of the quota?


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

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