Consider the graph below. When government sets a minimum price above the current equilibrium price, and will increase, and will decrease. Price of y Corn $6.50 Supply Consumer $6.00 Surplus $5.50 Minimum Price $5.00 $4.50 Producer $4.00 Surplus $3.50 $3.00 Demand X O 2 3 4 5 6 Quantity of Corn (in millions of bushels) O consumer surplus, deadweight loss; producer surplus. O consumer surplus; producer surplus; deadweight loss. O producer surplus; deadweight loss; consumer surplus. producer surplus; consumer surplus; deadweight loss