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If Canadian government increased its import quota on peaches, then we would expect that on the market for peaches: a. Domestic production would decrease, domestic

If Canadian government increased its import quota on peaches, then we would expect that on the market for peaches: a. Domestic production would decrease, domestic consumption would decrease and the deadweight loss would increase. b. Domestic production would increase, domestic consumption would decrease and the deadweight loss would increase. C. Domestic production would decrease, domestic consumption would increase and deadweight loss would decrease. d. Domestic production would increase, domestic consumption would decrease and the deadweight loss would decrease. Please explain why you picked your answer! THE ANSWER IS C! Please explain why!

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