In general,the costs tariffs and quotas impose on consumers are
A)large in total but relatively small per person.
B)small in total but relatively large per person.
C)large in total and large per person.
D)small in total and small per person.

Question

Quizplus · Accepted Answer

Tariffs and quotas can significantly increase the cost of imported goods, leading to higher prices for consumers. While these costs can add up to a large total amount due to the collective impact on all consumers, the additional cost per individual consumer is often relatively small, spread out over many purchases and individuals.

In General,the Costs Tariffs and Quotas Impose on Consumers Are