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The Market for Salmon Is in Equilibrium

Question 150

Essay

The market for salmon is in equilibrium.A price ceiling, a price floor, and a quota limit in this market would all have which outcome in common?
A.deadweight loss created by a quantity exchanged that is less than the equilibrium quantity
B.a supply price that exceeds a demand price
C.revenue collected by the government on each unit of salmon harvested
D.deadweight loss created by a transfer of surplus from consumers to producers

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