An ineffective quota:
A)raises the price to consumers.
B)has no effect on price.
C)reduces the quantity supplied.
D)creates a dead weight loss.

Name: An ineffective quota: A)raises the price to consumers. B)has no effect on price. C)reduces the quantity supplied. D)creates a dead weight loss.
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Question

Quizplus · Accepted Answer

An ineffective quota would have no effect on the market outcome, including price and quantity. It would not raise the price to consumers, reduce the quantity supplied, or create a dead weight loss.

An Ineffective Quota