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Kyuubi Kyuubi
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Posts: 1012
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6 years ago
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
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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6 years ago
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