Use the Following Figure to Answer the Following Questions

question 77

Multiple Choice

Use the following figure to answer the following questions.

-If the government imposes a price floor on wheat at $5,predict the amount of disequilibrium.

• A) There will be a surplus of 3,000,000.
• B) There will be a shortage of 3,000,000.
• C) There will be neither a shortage nor a surplus.
• D) There will be a surplus of 2,000,000.
• E) There will be a shortage of 2,000,000.

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Definitions:

Lead(II) Nitrate

A white to colorless crystalline chemical compound used in making other lead compounds and some pyrotechnics.

Sodium Chloride

A white crystalline compound known as table salt, widely used in food seasoning and preservation; its chemical formula is NaCl.

Lead(II) Chloride

A chemical compound with the formula PbCl2, known for its white crystalline appearance and poor solubility in water.

Saturated Solution

A solution that contains the maximum amount of solute that can be dissolved in a solvent at a given temperature and pressure.