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(Figure: Market) a Quota of 10,000 Logs of Forest Wood

Question 98

Multiple Choice

(Figure: Market) A quota of 10,000 logs of forest wood per month is placed in the market that is shown in the figure. The equilibrium quantity sold in the market before the implementation of the quota was _____ logs. (Figure: Market)  A quota of 10,000 logs of forest wood per month is placed in the market that is shown in the figure. The equilibrium quantity sold in the market before the implementation of the quota was _____ logs.   A) 50 B) 60 C) 30 D) 100


A) 50
B) 60
C) 30
D) 100

Correct Answer:

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