A Quota Is A

question 191

Multiple Choice

A quota is a:

• A)quantity restriction.
• B)price control.
• C)form of consumer surplus.
• D)means to combat black markets.

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Definitions:

Betrayed

The feeling or state of being deceived, let down, or violated trust by someone previously considered a confidant or ally.

Prototype

An original model or form of something that serves as a typical example or basis for making subsequent versions or for categorization.

Concept

An abstract idea or a general notion that represents something in the mind, forming the basis of thoughts or ideas.

Concept

A general idea resulting from the grouping of objects, events, qualities, or phenomena that share common attributes, serving as building blocks of knowledge.