Quantity controls set below the equilibrium quantity cause all of the following except:
A.incentives for illegal activities.
B.missed opportunities in the form of mutually beneficial transactions that don't occur.
C.the supply price of the quantity transacted exceeding the demand price of the quantity transacted.
D.quota rents.
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Q123: Q124: Figure: The Market for Round-Trip Airline Flights Q125: Which is not a correct statement about Q126: Figure: The Market for Round-Trip Airline Flights Q127: If the U.S.government imposes a quota on Q129: Table: The Market for Taxi Rides Q130: Figure: The Market for Round-Trip Airline Flights Q131: The quota rent refers to: Q132: If the government imposes a limit on Q133: If a quota is set above the
(Figure:
A.the difference between
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