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Figure 9-3 Since 1953 the United States Has Imposed a Quota to Has

Question 162

Multiple Choice

Figure 9-3
Figure 9-3 Since 1953 the United States has imposed a quota to limit the imports of peanuts. Figure 9-3 illustrates the impact of the quota. -Refer to Figure 9-3.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
Since 1953 the United States has imposed a quota to limit the imports of peanuts. Figure 9-3 illustrates the impact of the quota.
-Refer to Figure 9-3.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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