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    Microeconomics Study Set 25
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    The Amount That Consumers Are Willing to Pay for the Quota
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The Amount That Consumers Are Willing to Pay for the Quota

Question 53

Question 53

Multiple Choice

The amount that consumers are willing to pay for the quota limit quantity is the:


A) demand price.
B) supply price.
C) quota rent.
D) price ceiling.

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