Multiple Choice
Refer to the graph of the market for wheat. The government adopts a price support program for wheat and supports the wheat price at P ₂. The triangular area defined by points B and C and the intersection of the supply and demand curve represents the
A) parity ratio.
B) taxpayers' burden.
C) efficiency gain.
D) efficiency loss.
Correct Answer:

Verified
Correct Answer:
Verified
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