the government has decided that the free market price of butter is too low a suppose the government imposes a minimum support price in the butter market what is the effect of this policy on the price of butter and the quantity of butter sold show using a supplyanddemand diagram is there a shortage or surplus of butter b producers of butter complain that msp has reduced their total revenue is this possible explain c in response to the butter producers complaints the government agrees to purchase all the surplus cheese at the msp compared to the free market price who benefits from this new policy who loses