-The above figure shows the market for rice in Japan where price is expressed in dollars.S represents the domestic supply curve,and the horizontal line at P = 1 represents the world supply curve.Suppose a free market exists.An import quota of Q₂ units would A) cause consumer surplus to fall by "e." B) cause social welfare to fall by "j." C) increase producer surplus by "d." D) have no effect.

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The Answer of -The above figure shows the market for rice in Japan where price is expressed in dollars.S represents the domestic supply curve,and the horizontal line at P = 1 represents the world supply curve.Suppose a free market exists.An import quota of Q₂ units would A) cause consumer surplus to fall by "e." B) cause social welfare to fall by "j." C) increase producer surplus by "d." D) have no effect.

-The Above Figure Shows the Market for Rice in Japan