A Consequence of the Quota That Has Been Imposed on the Importation

question 142

Multiple Choice

A consequence of the quota that has been imposed on the importation of sugar into the United States is

• A)consumers are protected from eating unsafe products made from cheap imported sugar.
• B)competition in the U.S. sugar market is reduced.
• C)the cost of producing cereal, chocolate, and candy products in the United States is reduced.
• D)the market for sugar in the United States has become monopolistically competitive rather than oligopolistic.

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Definitions:

Triangular Model

A theory in psychology, often referring to the Triangular Theory of Love, which describes love in terms of three components: intimacy, passion, and commitment.

Self-Expansion Theory

A psychological theory proposing that individuals have a fundamental motivation to enhance their efficacy through relationships and experiences, leading to personal growth.

Assortative Mating

The idea that people are attracted to others who are similar to them in some kind of social hierarchy.

Equity Theory

The idea that people are motivated to maintain a sense of fairness or equity, whereby both partners feel that the proportion of outcomes (rewards) to inputs (costs) that each receives is roughly equal.