Question:

The difference between the demand price and the supply price at the quota limit is:?

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A) the quota rent.

B) the rent received by landlords who own rent-controlled apartments.

C) the opportunity cost of using of buying a good, subject to an import quota.

D) all of the above.

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  1. A) the quota rent.

    Answer keys are here: http://www.mtsu.edu/~ras2q/index_files/c...

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