Use the Following Figure to Answer the Next Questions

question 23

Multiple Choice

Use the following figure to answer the next 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

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