Multiple Choice
Use the following to answer question:
-(Figure: Supply and Demand in Agriculture) Use Figure: Supply and Demand in Agriculture.If a price floor at P4 is set to help improve farm incomes and the government wants to assure farmers that their output will be purchased,the government must purchase an amount of output equal to:
A) Q3 - Q0.
B) Q3 - Q1.
C) Q2 - Q1.
D) Q1 - Q3.
Correct Answer:

Verified
Correct Answer:
Verified
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