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Refer to the Graph Shown for a Small Country That

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Refer to the graph shown for a small country that is a price taker internationally. Refer to the graph shown for a small country that is a price taker internationally.   Assume the foreign supply of this product is perfectly elastic at a price of $4 per unit.Starting from a free trade equilibrium, an import quota of 2,500 would cause domestic consumption to: A) increase from 6,100 to 7,400. B) increase from 2,400 to 3,600. C) decrease from 4,800 to 3,600. D) decrease from 7,400 to 6,100. Assume the foreign supply of this product is perfectly elastic at a price of $4 per unit.Starting from a free trade equilibrium, an import quota of 2,500 would cause domestic consumption to:


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