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    International Economics Study Set 9
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    Exam 9: Import Tariffs and Quotas Under Imperfect Competition
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    (Figure: Supply and Demand at Home) with a Quota of 200
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(Figure: Supply and Demand at Home) with a Quota of 200

Question 32

Question 32

Multiple Choice

(Figure: Supply and Demand at Home) With a quota of 200 units, how many units would be produced in a perfectly competitive home market? (Figure: Supply and Demand at Home)  With a quota of 200 units, how many units would be produced in a perfectly competitive home market?   A)  400 B)  650 C)  850 D)  1,000


A) 400
B) 650
C) 850
D) 1,000

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