Question

the government imposes a price flors (minimum price that can be charged) on the market for wheat. What impact will this have on the demand for wheat?
Draw a graph of this....
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Answer 1

Answer:

Price Floors in Wheat Markets" shows the market for wheat. ... of another country imposes trade restrictions against its products, and prices can fall. ... Figure 4.9 Supply and Demand Shifts for Agricultural Products ... This has meant a variety of government programs that guarantee a minimum price for some types

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