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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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    Quotas Often
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Quotas Often

Question 33

Question 33

Multiple Choice

Quotas often:


A) result in the elimination of incentives to engage in illegal activities.
B) lead to deadweight losses.
C) lead to efficient market outcomes.
D) are necessary to increase the quantity of the goods in the market.

Correct Answer:

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