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Exhibit 39-3 -Refer to Exhibit 39-3.If P3 Is a Target Price,the Total

Question 74

Multiple Choice

Exhibit 39-3
Exhibit 39-3 -Refer to Exhibit 39-3.If P<sub>3</sub> is a target price,the total deficiency payment that government makes to farmers is A) P<sub>2</sub> x Q<sub>3</sub>. B) P<sub>3</sub> x Q<sub>3</sub>. C) (P<sub>3</sub> - P<sub>1</sub>) x Q<sub>1</sub>. D) (P<sub>3</sub> - P<sub>1</sub>) x Q<sub>2</sub>. E) (P<sub>3</sub> - P<sub>2</sub>) x Q<sub>3</sub>.
-Refer to Exhibit 39-3.If P3 is a target price,the total deficiency payment that government makes to farmers is


A) P2 x Q3.
B) P3 x Q3.
C) (P3 - P1) x Q1.
D) (P3 - P1) x Q2.
E) (P3 - P2) x Q3.

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