A ban on imports,a tariff,or a quota raise the price to domestic consumers.This means that consumers will buy less of the product at a higher price.The loss associated with this is called

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The loss associated with consumers buying less of a product at a higher price due to a ban on imports, tariff, or quota is known as consumption distortion loss. This loss comes from the distortion of market forces and the decrease in consumer surplus. Choices A, B, and D are not relevant in this context.

A Ban on Imports,a Tariff,or a Quota Raise the Price