If the government imposes a limit on sales of a good or service by issuing a license that gives the owner the right to sell a given quantity of the good, the difference between the demand and supply price is:
A.the quota rent.
B.the market price of the license.
C.the quota price.
D.the quota rent or the market price of the license.

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The Answer of If the government imposes a limit on sales of a good or service by issuing a license that gives the owner the right to sell a given quantity of the good, the difference between the demand and supply price is:
A.the quota rent.
B.the market price of the license.
C.the quota price.
D.the quota rent or the market price of the license.

If the Government Imposes a Limit on Sales of a Good