Explain why a voluntary production quota is difficult to operate.

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:02 AM

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Explain why a voluntary production quota is difficult to operate.

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A voluntary quota is difficult to operate because a production quota results in a massive incentive ...View the full answer

Microeconomics

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