Use the Following Figure to Answer the Following Questions

question 115

Multiple Choice

Use the following figure to answer the following questions.

-If the government imposes a price floor on wheat at $5 and agrees to purchase any surpluses,how much will the government be forced to spend?

• A) $15,000,000
• B) $3,000,000
• C) $10,000,000
• D) $25,000,000
• E) nothing because there would be no surplus