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corie corie
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6 years ago
In general, the deadweight loss associated with an import tariff or quota becomes relatively larger when:
A) supply and demand are inelastic.
B) supply is elastic and demand is inelastic.
C) demand is elastic and supply is inelastic.
D) supply and demand are elastic.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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#1
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6 years ago
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