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drw92 drw92
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A month ago

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



loss in producers' surplus; gain in consumers' surplus



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



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



tax; revenue



quota-determined price; quota-determined output

Textbook 
Economics

Economics


Edition: 12th
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angfuciousangfucious
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loss in consumers' surplus; loss in producers' surplus plus higher total revenues on the imported goods



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drw92 Author
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Thanks
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This helped my grade so much Perfect
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