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10 S D (625, 7) -NW A OI OI VO D 0 250 500 750 1000 1250 Quantity of kilos per monthSuppose that the government

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10 S D (625, 7) -NW A OI OI VO D 0 250 500 750 1000 1250 Quantity of kilos per monthSuppose that the government of Hatha introduces a price floor of $4. a) What quantity of rice will buyers purchase? 625| kilos. b) How much in total will buyers be paying for the amount in (a)? s[4 c) What will be the amount of the rice surplus? 375| kilos. d) What is the dollar value of this surplus? s[4

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