Exhibit 16.2 -Refer to Exhibit 16.2,which Shows the Market for Milk.Suppose the Market

Multiple Choice

Exhibit 16.2

-Refer to Exhibit 16.2,which shows the market for milk.Suppose the government introduces a variety of policies that set floor prices for milk at $3.00.Considering government expenditures on surplus milk but ignoring storage costs,the consumers pay _____ per gallon for the quantity purchased at the support price.

A) $3.00
B) $4.00
C) $5.00
D) $1.00
E) $2.00