The Following Graph Shows the Market for Milk

question 6

Multiple Choice

The following graph shows the market for milk. Suppose the government introduces a variety of policies that set floor prices for milk at $3. Considering government expenditures on surplus milk but ignoring storage costs, the consumers pay _____ per gallon for the quantity purchased at the support price.​ ​
Figure 16.1
​

• A)$3.00
• B)$4.00
• C)$5.00
• D)$1.00
• E)$2.00

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