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Use the Following to Answer Question 73

question 157

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Use the following to answer question 73: Use the following to answer question 73:   -Suppose that the government sets a price floor of $2.85 per kilogram on corn when the current price is $2.55.This price floor will: A)  cause a surplus of corn. B)  cause a shortage of corn. C)  have no immediate effect on the price of corn. D)  increase the supply of corn.
-Suppose that the government sets a price floor of $2.85 per kilogram on corn when the current price is $2.55.This price floor will:


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