-The Above Figure Shows the Market for Rice in Japan

question 26

Multiple Choice

-The above figure shows the market for rice in Japan.SDₒmₑstᵢc represents the domestic supply curve,and Swₒᵣld represents the world supply curve.An import quota of 35 units would

• A) cause consumer surplus to fall by "g."
• B) cause social welfare to fall by $35.
• C) increase domestic producer surplus by "g."
• D) have no effect.

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