Question: Please review and answerthe question below. Please Putthe answer in bold. Agriculture is one of die main industries in a certain country. Local farmers sell

Please review and answerthe question below. Please Putthe answer in bold.

Agriculture is one of die main industries in a certain country. Local farmers sell wheat for $250 per ton. In recent years, local farmers have faced erce competition from cheaper imports of wheat. lntemaljonal competitors import and sell 'ieir wheatfor $225 per ton. The Farmers' Union asked the govemment to support them by providing a subsidy, which will allow farmers to decrease prices to match oompetitors' [the subsidy per ton should be equal to the diFFerence in prices}. If local farmers produce 16 million tons ofwheat annually, calculate the annual total amount ofthe subsidy and enter your answer in millions in die box below. Answer 2.5 Points Keypad Keyboard Shortculs million
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