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    Exam 39: Agriculture: Problems, Policies, and Unintended Effects
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    Exhibit 39-3 -Refer to Exhibit 39-3.If P<sub>3</sub> Is a Target Price,the Deficiency
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Exhibit 39-3 -Refer to Exhibit 39-3.If P3 Is a Target Price,the Deficiency

Question 20

Question 20

Multiple Choice

Exhibit 39-3
Exhibit 39-3    -Refer to Exhibit 39-3.If P<sub>3</sub> is a target price,the deficiency payment per unit is A)  P<sub>1</sub>. B)  P<sub>2</sub>. C)  P<sub>3</sub>. D)  P<sub>3</sub> - P<sub>1</sub>. E)  P<sub>3</sub> - P<sub>2</sub>.
-Refer to Exhibit 39-3.If P3 is a target price,the deficiency payment per unit is


A) P1.
B) P2.
C) P3.
D) P3 - P1.
E) P3 - P2.

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