Question: Please help!! Explain if you can (: Price Supply 50 30 25 20 Demand 20 25 30 50 Quantity Use the graph above to answer

 Please help!! Explain if you can (: Price Supply 50 30

Please help!! Explain if you can (:

25 20 Demand 20 25 30 50 Quantity Use the graph above

Price Supply 50 30 25 20 Demand 20 25 30 50 Quantity Use the graph above to answer the following questions. Do not use dollar signs. Round to two decimal places. a) What price will consumers pay if the government promises to pay producers $30 per bushel and encourage producers to sell all of their production? b) What price will producers get if the government promises to pay producers $30 per bushel and encourage producers to sell all of their production? c) The government has promised to make up the difference between the price they promise producers and the price that consumers pay for the product. Calculate the deficiency payment in this case for all units produced

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