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Unit test Assume all costs and benefits are reflected in the supply and demand curves in a market, and neither curve is perfectly elastic or inelastic What happens when a quota is placed on a market in an importing country? Choose 1 answer: A Consumer surplus decreases, producer surplus increases, and total surplus decreases. B Consumer surplus increases, producer surplus increases, and deadweight loss exists. C Consumer surplus and producer surplus both increase and deadweight loss is eliminated. D Consumer surplus and producer surplus both decrease and deadweight loss is eliminated. Consumer surplus increases, producer surplus increases, deadweight loss exists, and tax E revenue is generated