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Author Question: Suppose a binding output quota is imposed in a previously competitive market with free-market ... (Read 58 times)

llesku

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on: Oct 12, 2022
Suppose a binding output quota is imposed in a previously competitive market with free-market equilibrium price and quantity. The result is
◦ higher price and lower quantity exchanged.
◦ no change in price or quantity exchanged.
◦ lower price and higher quantity exchanged.
◦ higher price and higher quantity exchanged.
◦ lower price and lower quantity exchanged.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by llesku on Oct 12, 2022

mamboz

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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llesku

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Reply 2 on: Oct 12, 2022
:D TYSM

Missbam101

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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