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6. The equilibrium price for wheat Is $5 per unit and this is too low for some farmers to stay In business. What policy could
6. The equilibrium price for wheat Is $5 per unit and this is too low for some farmers to stay In business. What policy could the government do In order to help those who need the price to be much higher than $5? Explain (IN POINT FORM) your plan (I mark) and use a Supply and Demand diagram to support your answer (2 marks) Will your plan cause a surplus or a shortage! Label the surplus or shortage on the graph above. (I mark)
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