Question: give correct answer and explain it A binding quota, that is a binding quantity control, causes which of the following results? 25 (A) It limits

give correct answer and explain it

A binding quota, that is a binding quantity control, causes which of the following results? 25 (A) It limits the price that demanders must pay for the good or service in the ow to regulated market. nd H recipe O B) It imposes a limit on the amount of the good or service available in the market. JIrecip YouTub O c) It limits the price that suppliers can charge for the good or service in the regulated market. OD) It increases the amount of the good or service available in the regulated market to an amount that exceeds the equilibrium quantity. Res

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