Question: I need help with 8-10 The graph below shows the market for beef, use the graph to answer questions 8-11 Price (S / pound) $10

I need help with 8-10

I need help with 8-10 The graph below shows the market for

The graph below shows the market for beef, use the graph to answer questions 8-11 Price (S / pound) $10 Market for Beef Supply A 35 B C F G D $2 H Demand $1 E SO 100 200 300 400 500 600 700 800 900 1000 1100 1200 Quantity (thousands of pounds) 8. If the government set a price floor of $6 per pound for beef, how many pounds of beef would be sold in the market? a. 400 thousand pounds b. 500 thousand pounds C . 600 thousand pounds d. 0 pounds 9. If the government set a price floor of $6 per pound for beef, what would be the consumer surplus in the market? a. A+B+C+F+G b. A C. A+B+C d. A+B+C+D 10. If the government set a price floor of $6 per pound for beef, what would be the producer surplus in the market? a. D b. E C. D+E d. E+H . B+C+D

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