Use the following to answer questions
Figure: Determining Surplus and Loss 
-(Figure: Determining Surplus and Loss) In the graph,which price would allow for an effective price floor?
Definitions:
Wage Subsidies
Financial incentives provided by governments to employers to encourage the hiring of certain workers or to promote employment in specific sectors.
Government Failure
Government failure occurs when government intervention in the economy creates inefficiencies or leads to an allocation of resources that is worse than what the market would have produced on its own.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be consumed by everyone and one person's consumption doesn't reduce availability for others.
Quasi-Public Goods
Quasi-public goods are those that exhibit some characteristics of a public good such as non-excludability and non-rivalry but do not fully meet these criteria, often because they can be provided privately for a fee.
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