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Question 237

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Use the following to answer questions:
Figure: The Market for Yachts Use the following to answer questions: Figure: The Market for Yachts -(Figure: The Market for Yachts) Look at the figure The Market for Yachts. A quota of _____ will bring about the same price and output in the market for yachts as would an excise tax of $30,000. A) 2,000 B) 3,000 C) 4,000 D) The answer is impossible to determine.
-(Figure: The Market for Yachts) Look at the figure The Market for Yachts. A quota of _____ will bring about the same price and output in the market for yachts as would an excise tax of $30,000.


A) 2,000
B) 3,000
C) 4,000
D) The answer is impossible to determine.

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