Multiple Choice
Figure 9-3
Since 1953 the United States has imposed a quota to limit the imports of peanuts. Figure 9-3 illustrates the impact of the quota.
-Refer to Figure 9-3. With a quota in place, what is the quantity supplied by domestic producers?
A) 16 million pounds
B) 18 million pounds
C) 28 million pounds
D) 34 million pounds
Correct Answer:
Verified
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