Exhibit 16-5 -Exhibit 16-5 Represents the Market for Leaf Tobacco. Suppose the Tobacco

Exhibit 16-5
-Exhibit 16-5 represents the market for leaf tobacco. Suppose the government imposes a floor of $1.25 in this market. In order to maintain this price the government will need to buy how many pounds of tobacco?

A) 1,000 lbs.
B) 2,000 lbs.
C) 3,000 lbs.
D) 4,000 lbs.
E) 5,000 ibs.