Use the following to answer question:
-(Table: The Market for Taxi Rides)Use Table: The Market for Taxi Rides.If a government quota limit at 6 million rides is imposed,the quota rent accruing to the owner of a taxi medallion will be _____ per ride,but there will be a total missed opportunity (inefficiency)to consumers and producers of _____ million rides.
A)$1;1
B)$2;2
C)$3;3
D)$4;4

Question

Use the following to answer question: 
-(Table: The Market for Taxi Rides)Use Table: The Market for Taxi Rides.If a government quota limit at 6 million rides is imposed,the quota rent accruing to the owner of a taxi medallion will be _____ per ride,but there will be a total missed opportunity (inefficiency)to consumers and producers of _____ million rides.
A)$1;1 
B)$2;2 
C)$3;3 
D)$4;4

Quizplus · Accepted Answer

The Answer of Use the following to answer question: 
-(Table: The Market for Taxi Rides)Use Table: The Market for Taxi Rides.If a government quota limit at 6 million rides is imposed,the quota rent accruing to the owner of a taxi medallion will be _____ per ride,but there will be a total missed opportunity (inefficiency)to consumers and producers of _____ million rides.
A)$1;1 
B)$2;2 
C)$3;3 
D)$4;4

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