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A Moving to another question will save this response. better off than before efficient > equal to $10 Question 6 equal to $12.50 8 points Save Answer Consider that the market for soybeans is defined by the following dem greater than less than and Qs = 20P - 100, where P is the price in dollars and Q measures the quantity in tons per quarter. The market is currently in equilibrium. (Question 6 of 6) ess than $10 less than $12.50 and greater than $10 Now consider that after much lobbying by the United Farmers Associal not efficient I of $12.50 in this market, with no additional government support. the same as Describe the current market outcome. worse off than before As a result of the government's policy, the current market outcome is The quantity traded is the quantity traded before the government intervention, and the price sellers (farmers) receive per ton is . Additionally, as a result of the government's policy sellers seem to be v as their producers' surplus is before the government's intervention.Question 6 8 points Save Answer Consider that the market for soybeans is defined by the following demand and supply equations: Q = 200 - 10P and Qs = 20P - 100, where P is the price in dollars and Q measures the quantity in tons per quarter. The market is currently in equilibrium. (Question 6 of 6) Now consider that after much lobbying by the United Farmers Association, the government imposes a price control of $12.50 in this market, with no additional government support. Describe the current market outcome. As a result of the government's policy, the current market outcome is The quantity traded is the quantity traded before the government intervention, and the price sellers (farmers) receive per ton is Additionally, as a result of the government's policy sellers seem to be as their producers' surplus is before the government's intervention