A price support program for farmers producing wheat is put into effect by the government. In order to increase farms' income, the government creates a price floor in the market for wheat and buy any surplus wheat and store it in Alberta at \$2/lb . The government sets the price floor at P floor =\$10/lb of wheat. The supply and demand schedules for wheat are as follows : Q supply =(P-4)/2 Q Demand =(16-P)/4