Price of corn (per bushel) $5 W N D 800 1,000 1,200 Quantity of corn (bushels) For the last 70 years the U.S. government has used price supports to provide income assistance to American farmers. To supplement these price supports, at times they have used price floors, which it maintains by buying up the surplus of farm products. At other times, it has used target prices, a policy whereby the government gives the farmer an amount equal to the difference between the market price and the target price for each unit sold. Assume the target price and price floor are each $5. a. Which of these programs (price floors with promise to purchase surplus of farm products or target prices) costs corn consumers more? Explain your answer. b. Which of these programs costs the government more? Explain your answer. c. Is one of these policies more efficient than the other? Explain