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MAR3023 - Sm x 69 8003101-3728 x 0 (110us 4 X 6 0652531-202 x HomeworkHe x ( 8003101-125 x|M josubject X + "/Downloads/Homework 6209%620(2].pdf Erica by OGIMe Pro.. D] ONEUF Portuguese Vocabu.. Object Pronoun @) Criar - Feature Film, Releas D Poppy Seed Chicke ( 13 Super Easy Mark 5. The demand function for corn is q = 30-0.25p and the supply function is q = -20 + p. where q is the mimuber of units sold per year and p is the price per unit, expressed in dollars, The government decides to support the price of corn at a price floor of $80 per unit by buying corn and destroying all that is has purchased.' a) Absent the price floor, what is the equilibrium price for corn? The equilibrium quantity? b) How many units of corn must the government destroy? c) Identify the excess supply of corn due to the price floor graphically. Label the vertical axis "Price" and the horizontal axis "Quantity." 6. The demand function for rental apartments is q = 960 - 7p and the supply function is q = 160 + 1p. The government makes it illegal to charge a rent higher than $35." a) How much excess demand will there be? Show all work for full credit