Multiple Choice
Use the following to answer questions .
Exhibit: Supply and Demand in Agriculture
-(Exhibit: Supply and Demand in Agriculture) To help farmers:
A) a price floor would be set at P4, causing a surplus of Q3 - Q0.
B) a price floor would be set at P2, causing a surplus of Q2 - Q0.
C) a price ceiling would be set at P4, causing a surplus of Q2 - Q1.
D) a price floor would be set at P1, causing a shortage of Q3 - Q0.
Correct Answer:

Verified
Correct Answer:
Verified
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