History, 11.02.2021 08:50, XTREME3336

Assume the government of Paulaville establishes a price floor for wheat at $10 and agrees to purchase any excess wheat that consumers don't buy. Calculate the amount of the shortage or surplus at the price floor of $10. Explain your answer.

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Assume the government of Paulaville establishes a price floor for wheat at $10 and agrees to purchas...