=+limit on taxi rides is increased to 9 million. What happens to the quota rent? To the

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=+limit on taxi rides is increased to 9 million. What happens to the quota rent? To the deadweight loss? 2. Assume that the quota limit is 8 million rides. Suppose demand decreases due toa

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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