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42) A production quota A) is efficient because it results in underproduction. B) is inefficient because it results in underproduction. C) is inefficient because it results in overproduction. D) is efficient for quantities below the equilibrium quantity and is inefficient for quantities above the equilibrium quantity. E) is efficient because it results in overproduction.

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Sixta Kovacek
Sixta KovacekLv2
23 Mar 2018
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