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    Exam 39: Agriculture: Problems, Policies, and Unintended Effects
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    Exhibit 39-2 -Refer to Exhibit 39-2.If P<sub>1</sub> Is a Price Support,the Quantity
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Exhibit 39-2 -Refer to Exhibit 39-2.If P1 Is a Price Support,the Quantity

Question 146

Question 146

Multiple Choice

Exhibit 39-2
Exhibit 39-2    -Refer to Exhibit 39-2.If P<sub>1</sub> is a price support,the quantity of wheat purchased by the market would be equal to A)  Q<sub>2</sub>. B)  Q<sub>0</sub>. C)  Q<sub>1</sub>. D)  Q<sub>2</sub> - Q<sub>1</sub>. E)  Q<sub>1 </sub>- Q<sub>0</sub>.
-Refer to Exhibit 39-2.If P1 is a price support,the quantity of wheat purchased by the market would be equal to


A) Q2.
B) Q0.
C) Q1.
D) Q2 - Q1.
E) Q1 - Q0.

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