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Author Question: If the government imposes a quantity restriction on how many shoes can be imported into a country, ... (Read 32 times)

vicky

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on: Jul 20, 2019
If the government imposes a quantity restriction on how many shoes can be imported into a country, and the total quantity is below the market equilibrium quantity:
◦ total surplus in the market decreases.
◦ total surplus in the market does not change.
◦ total surplus in the market increases.
◦ total surplus may increase or decrease, depending on whether costs are increasing or decreasing in production.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by vicky on Jul 20, 2019

xthemafja

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Reply #1 on: Jul 20, 2019
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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vicky

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Reply 2 on: Jul 20, 2019
Great answer, keep it coming :)

AmberC1996

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Reply 3 on: Yesterday
Excellent

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