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Fill in the Blanks
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Answer each question by typing a lowercase letter, a set of letters in alphabetical order (example: a+b+c), or a number (without commas, decimals, or dollar signs) in the blank to the right of the question.

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1

What area (letters) represents the reduction in consumer surplus as a result of the imposition of the quota?
2

What area (letters) represents the increase in producer surplus?
3

What area (letters) represents the revenue that could be earned by selling import licenses?
4

What area (letters) represents the consumption effect of the quota?
5

What area (letters) represents the production effect of the quota?
6

What area (letters) represents the total dead weight loss fromthe quota?
7

What is the size (a number) of the change in producer surplus?
8

What is the size (a number) of the change in consumer surplus?
9

What is the size (a number) of the revenue effect of the tariff?
10

What is the size (a number) of the consumption effect?
11

What is the size (a number) of the production effect?
12

What is the size (a number) of the total dead weight loss from the quota?
13

What is the size (a number) of imports after the quota is imposed?







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