Which example is a quota?
A) rent controls in Toronto
B) property taxes on beachfront property in Vancouver
C) limits on the number of salmon that can be caught in British Colombia
D) the maximum reimbursement that insurance will pay for a dental procedure

Question

Quizplus · Accepted Answer

A quota is a limit on the amount of a particular good that can be produced or sold, or in this case, caught. Therefore, the limit on the number of salmon that can be caught in British Columbia is an example of a quota. The other options listed involve government regulation or financial limits, but do not involve a specific limit on the quantity of a particular good.

Which Example Is a Quota