7.3 PRICE SUPPORTS IN AGRICULTURE
{"Image DocumentName": "7.3 PRICE SUPPORTS IN AGRICULTURE", "Image ImageDescription": "2. A price support is set at  35 a ton. 3. The quantity produced is 30 million tons a year. 4. The quantity bought by domestic users is 20 million tons a year. 5. The government buys the surplus of 10 million tons at  35 a ton\u2014a subsidy of  350 million a year. 6. A deadweight loss arises.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}