On a supply and demand graph, the effect of an import quota is shown by making the supply curve vertical at the quantity allowed by the quota.

Name: On a supply and demand graph, the effect of an import quota is shown by making the supply curve vertical at the quantity allowed by the quota.
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An import quota limits the quantity of a good that can be imported, making the supply curve vertical at the quota limit, as no more of the good can be supplied beyond that point.

On a Supply and Demand Graph, the Effect of an Import