Econ 1010

Question 10 of 17 Which statement(s) is/are FALSE? I. Quantity controls set below the market equilibrium quantity drive a wedge between the demand price and the supply price of the good. II. The difference between the demand price and the supply price at the quota limit is consumer surplus. III. Quantity controls have no undesirable side effects. O II and III O II only O I, II, and II O I only