What Would Likely Be the Effect of Imposing a Quota

question 50

Multiple Choice

What would likely be the effect of imposing a quota on composite hockey sticks shipped into Canada?

• A)It would increase the price of the hockey sticks but decrease the total quantity of hockey sticks purchased in Canada.
• B)It would leave both the price of hockey sticks and the quantity purchased in Canada unchanged.
• C)It would leave the price of the hockey sticks unchanged but decrease the quantity purchased in Canada.
• D)It would increase the price of the hockey sticks and the total quantity of hockey sticks purchased in Canada.

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