Which Of The Following Is A Likely Outcome Of Price Controls And Quota Limits?

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Which Of The Following Is A Likely Outcome Of Price Controls And Quota Limits?

a.illegal activity as people invent ways to get around the market constraint b.shortages and inefficiency caused by buyers searching for units of the good c.shortages and units of output that must be disposed of d.prices higher than the market equilibrium price
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a.illegal activity as people invent ways to get around the market constraint

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