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TRUE or FALSE statement A quota, if effective, usually leads to a fall in the consumer price and a rise in the producer price in

TRUE or FALSE statement

"A quota, if effective, usually leads to a fall in the consumer price and a rise in the producer price in the market"

To achieve full 5 marks. Your answer must contain -i)Identify whether the statement is TRUE or FALSE (1 markto be awarded) ; ii) Give short explanation (2 marksto be awarded) ; iii) Complement the answer with a relevant diagram or a formula (2 marksto be awarded).Marks are awarded based on the quality of your answer.

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