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-The Above Figure Shows Supply and Demand Curves for Milk

Question 106

Multiple Choice

  -The above figure shows supply and demand curves for milk.In an effort to help farmers,the government passes a law that establishes a $3 per gallon price support.To maintain the price support,government must purchase A)  Q<sub>1</sub> gallons. B)  Q<sub>2</sub> gallons. C)  Q<sub>1</sub> - Q<sub>2</sub> gallons. D)  Q<sub>2</sub> - Q<sub>1</sub> gallons.
-The above figure shows supply and demand curves for milk.In an effort to help farmers,the government passes a law that establishes a $3 per gallon price support.To maintain the price support,government must purchase


A) Q1 gallons.
B) Q2 gallons.
C) Q1 - Q2 gallons.
D) Q2 - Q1 gallons.

Correct Answer:

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