Quantity controls usually take the form of price ceilings or price floors established by the government.

Name: Quantity controls usually take the form of price ceilings or price floors established by the government.
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Quantity controls, such as quotas, directly limit the amount of a good that can be bought or sold, rather than setting price ceilings or floors which indirectly affect quantity by capping prices or setting minimum prices.

Quantity Controls Usually Take the Form of Price Ceilings or Price