If Consumers Are Hurt by Quotas and Tariffs Such as the Sugar

question 28

Essay

If consumers are hurt by quotas and tariffs such as the sugar quota, why do they remain rationally ignorant about these policies?

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Definitions:

Behavior

The actions or reactions of an individual or group in response to external or internal stimuli.

Society

A group of individuals living together in a more or less ordered community with shared laws, traditions, and values.

Equity

The idea that each person receives benefits in proportion to what he or she contributes.

Equality

The state or quality of being equal, especially in status, rights, and opportunities, advocating for fairness and non-discrimination.