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Title: A production quota, if set below the equilibrium quantity:
Post by: Kyuubi on Jan 7, 2018
A production quota, if set below the equilibrium quantity:
A) raises the price above the free market equilibrium price
B) lowers the price below the free market equilibrium price
C) will not affect the equilibrium quantity
D) will tend to raise the equilibrium quantity


Title: Re: A production quota, if set below the equilibrium quantity:
Post by: yameth on Jan 7, 2018
A