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Imposing a Restrictive Quota on the Import of Sugar Will

Question 191

Multiple Choice

Imposing a restrictive quota on the import of sugar will likely:


A) increase the price of sugar and decrease the quantity consumed.
B) increase the price of sugar and increase the quantity consumed.
C) leave the price of sugar unchanged and decrease the quantity consumed.
D) leave the price of sugar unchanged and increase the quantity consumed.

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