If the supply curve for clams is upward sloping,a quota that is set below the equilibrium quantity will result in a supply price that is lower than the equilibrium price.

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If the supply curve for clams is upward sloping, a quota that is set below the equilibrium quantity will result in a supply price that is lower than the equilibrium price because the quantity supplied will be less than the quantity demanded at the equilibrium price, leading to a higher price.

If the Supply Curve for Clams Is Upward Sloping,a Quota