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Oksanka [162]
3 years ago
8

If the government imposes a price floor on wheat at $5 and agrees to purchase any surpluses, how much will the government be for

ced to spend?
Business
1 answer:
eimsori [14]3 years ago
7 0
<span>The answer is that the government will be forced to spend $15,000,000.
government imposes a price floor on wheat at $5 
there will be a surplus of $3,000,000
</span><span>the government will be forced to spend = $5 x $3,000,000 = $15,000,000</span>
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