If the Price U

question 120

Multiple Choice

If the price U.S. consumers pay with a quota on an imported good exceeds the price they pay without a quota, then the quota was set

• A)above the equilibrium quantity without a quota.
• B)below the equilibrium quantity without a quota.
• C)sometimes above and sometimes below the equilibrium quantity without a quota.
• D)equal to the equilibrium quantity without a quota.
• E)to allow a different quantity of imports than a tariff.

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Definitions:

Split Cells

A function in spreadsheet or table-editing software that divides a single cell into multiple cells either horizontally or vertically.

Merge Cells

The process of combining two or more adjacent cells into a single cell, often used in spreadsheets and tables to adjust the layout or to format information.

Pen Color

The color of the ink or virtual ink used in writing instruments or digital drawing tools.

Inside Borders

A term typically associated with formatting options in spreadsheet or document software that allows users to apply borders to the inner cells, excluding the outermost edges.