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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 for Which Suppliers Are Willing to Supply the Quota
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The Amount for Which Suppliers Are Willing to Supply the Quota

Question 177

Question 177

Multiple Choice

The amount for which suppliers are willing to supply the quota limit quantity is the:


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

Correct Answer:

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