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Imposing a restrictive quota on imported plasma TVs will likely Group of answer choices increase the price of the plasma TVs and decrease the quantity

Imposing a restrictive quota on imported plasma TVs will likely

Group of answer choices

increase the price of the plasma TVs and decrease the quantity consumed.

increase both the price of the plasma TVs and the quantity consumed.

leave the price of the plasma TVs unchanged but decrease the quantity consumed.

leave the price and the quantity consumed of plasma TVs unchanged, because domestic producers will expand production to make up for the reduction in imports

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