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Will a home monopolist prefer a quota or a tariff to protect its output? A. The home monopolist will prefer a tariff because a tariff

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Will a home monopolist prefer a quota or a tariff to protect its output? A. The home monopolist will prefer a tariff because a tariff allows it to earn higher profits than a quota. OB. The home monopolist will prefer a quota because a quota may allow it to earn higher profits than a tariff. O C. It is immaterial to the home monopolist because it will earn the same higher profits with either form of protection. D. The home monopolist will prefer neither because it earns higher profits in a free-trade situation. Reset Selection

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