Which example is a quantity control?
A)the Medicare reimbursement schedule for physicians
B)the minimum wage
C)unemployment insurance
D)limits on the number of red snappers that can be caught in the Gulf of Mexico

Question

Quizplus · Accepted Answer

Limits on the number of red snappers that can be caught in the Gulf of Mexico is an example of quantity control as it involves setting a limit on the amount of fish that can be caught to prevent overfishing and maintain a sustainable fish population. The other options are interventions in the labor market or healthcare industry but do not specifically involve controlling the quantity of a specific good or resource.

Which Example Is a Quantity Control