When the government restricts the quantity of a good to zero
A) an underground market develops.
B) there is none of the good available anywhere.
C) people's demand for the product evaporates.
D) producers stop all production.
A
Economics
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An example of an activity that creates a positive consumption externality is
a) locating beehives next to an orange orchard b) a noisy party c) smoking, which harms the health of a bystander d) a flu vaccination
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Currency in circulation is currency that meets all of the following criteria except for currency
A) outside the Treasury. B) outside the Federal Reserve. C) held as vault cash in banks. D) held by the non-bank public.
Economics