2.22 / 3.33 pts 50H. Hum w 601% Identify each of the changes the following market intervention would cause in a competitive market compared to the original equilibrium. Intervention: A price oor of $275.00 per ton of wheat is imposed. Question 3 700 800 900 1000 1100 1200 1300 1400 1500 200 300 400 500 600 100 Tons of \\that The price suppliers receive increases The price suppliers receive decreases The price consumers pay increases 3001 Price, $ Pe 275 250 225 200 175 150-- 125 100 75 25 --- 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 1400 1500 Tons of Wheat The price suppliers receive increases The price suppliers receive decreases The price consumers pay increases The price consumers pay decreases O The quantity purchased increases The quantity purchased decreases A new equilibrium is reached