Business, 09.03.2020 18:34 Erin1535

If a quota is set above the equilibrium quantity, there will be: missed opportunities in the form of mutually beneficial transactions that don't occur. no immediate effect. a supply price for the quantity transacted that exceeds the demand price of the quantity transacted. incentives for illegal activities.

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If a quota is set above the equilibrium quantity, there will be: missed opportunities in the form of...

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