Multiple Choice
Use the following figure to answer the questions that follow.
-If the government imposes a price floor on wheat at $5,what would be the amount of disequilibrium?
A) There will be a surplus of 3 million
B) There will be a shortage of 3 million.
C) There will be neither a shortage nor a surplus.
D) There will be a surplus of 2 million.
E) There will be a shortage of 2 million.
Correct Answer:

Verified
Correct Answer:
Verified
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