-The effect of the import quota on domestic price and domestic consumption is: A)the same as that of a tariff of P_cP_t B)the same as that of a tariff of P_tP_a C)the same as that of a tariff of P_cP_a D)to raise price by more and reduce consumption by less than a tariff of P_cP_t E)to raise price by less and reduce consumption by more than a tariff of P_cP_t

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The Answer of -The effect of the import quota on domestic price and domestic consumption is: A)the same as that of a tariff of P_cP_t B)the same as that of a tariff of P_tP_a C)the same as that of a tariff of P_cP_a D)to raise price by more and reduce consumption by less than a tariff of P_cP_t E)to raise price by less and reduce consumption by more than a tariff of P_cP_t

-The Effect of the Import Quota on Domestic Price and Domestic