The cost of lobbying for an import quota in a perfectly competitive market
A) increases the welfare loss of the quota.
B) decreases the deadweight loss of the quota.
C) shifts the supply curve of the good to the left.
D) increases the consumer surplus.
A
Economics
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A) resources being limited in supply. B) people being stupid. C) governments being corrupt. D) the rich controlling most resources.
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Keeping landing fees low at airports during the "peak" hours
a. perpetuates congestion during those hours. b. is politically unpopular. c. contributes to efficient allocation of airport facilities. d. would lessen the problem of delayed flight landings.
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