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Please note that the letters inside the diagram below (such as G, H, M) refer to the shapes defined by the line segments (solid or

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Please note that the letters inside the diagram below (such as G, H, M) refer to the shapes defined by the line segments (solid or dashed) surrounding the letter. P P4 G H M Pz N P K Po R L V D Q3 Q2 Q5 Q Question: In the diagram, with a price floor at P1 O total quantity sold would be Q3 O total quantity sold would be Q2 consumer surplus would be the area G + H + J O there would be excess supply

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