# 897/3100 Resources Consider the supply and demand model for romaine lettuce depicted in the accompanying graph....

###### Question:

897/3100 Resources Consider the supply and demand model for romaine lettuce depicted in the accompanying graph. Suppose the government decides to impose a binding price floor on the market to aid farmers. a. Please place the end points of the price floor line segment to illustrate a binding price floor in the market. Market for Romaine Lettuce Quanlity b. After the price floor is implemented, what exists? neither both
The accompanying graph is an unlabeled suply and demand gruph. Please drag the corresponding labels to their appropriate place on the graph. Price (S) Answer Bank non-buyers prodacer surplu consumer surplu sellers buyers Quantity

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