If a Quota Is Placed on a Good,the Domestic Price

question 107

Multiple Choice

If a quota is placed on a good,the domestic price of the good ________,domestic production of the good ________,and domestic consumption of the good ________.

• A) increases;increases;increases
• B) increases;increases;decreases
• C) increases;decreases;decreases
• D) decreases;decreases;decreases
• E) decreases;increases;increases