If the government removes the surplus that results from an agricultural price floor, all demanders are harmed and all suppliers benefit.

Question

Quizplus · Accepted Answer

When the government removes the surplus, the supply of the agricultural product decreases, which leads to an increase in the price of the product. This benefits suppliers, as they can now sell their products at a higher price. However, demanders are harmed, as they now have to pay a higher price for the product.

If the Government Removes the Surplus That Results from an Agricultural