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drw92 drw92
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A year ago

With a quota, the __________ is greater than the __________.



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loss in producers' surplus; gain in consumers' surplus



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loss in consumers' surplus; loss in producers' surplus plus higher total revenues on the imported goods



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loss in producers' surplus plus higher total revenues on the imported goods; consumers' surplus



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tax; revenue



▸

quota-determined price; quota-determined output

Textbook 
Economics

Economics


Edition: 12th
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angfuciousangfucious
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drw92 Author
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A year ago
You make an excellent tutor!
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Correct Slight Smile TY
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this is exactly what I needed
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