Exhibit 17.6 -Refer to Exhibit 17.6, Which Shows the Demand for and the Demand

question 194

Multiple Choice

Exhibit 17.6

-Refer to Exhibit 17.6, which shows the demand for and the supply of a good in a country. If the world price of the good is $2.00 per unit and an import quota of 50 units per month is imposed, then the decrease in consumer surplus can be represented by area(s) _____

• A) b and f.
• B) i.
• C) e and h.
• D) f, g, and h.
• E) a, b, c, d, and e.

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Definitions:

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A bluish color of skin that results when the supply of oxygen is low in the blood.

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