Question: Please note that the letters inside the diagram below (such as G, H, M) refer to the shapes defined by the line segments (solid or

Please note that the letters inside the diagram below (such as G, H, M) refer to the shapes defined by the line segments (solid or dashed) surrounding the letter. P P4 G H M Pz N P K Po R L V D Q3 Q2 Q5 Q Question: In the diagram, with a price floor at P1 O total quantity sold would be Q3 O total quantity sold would be Q2 consumer surplus would be the area G + H + J O there would be excess supply

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