The government has set a minimum price for cheese in a market where it is produced and sold competitively to support cheese producers. Cheese producers are assumed to keep selling cheese exclusively to households even after this minimum price is established. Create an accurately labeled diagram of the cheese market, indicating the government-mandated minimum price as PF and the amount of cheese bought by households as QF. Explain whether the cheese market is efficiently allocating resources after introducing the minimum price. Illustrate on your diagram the total surplus received by producers following the establishment of the minimum price. If the price elasticity of demand for cheese is consistently -2 across different prices, discuss how the total amount spent by consumers on cheese would be affected by the minimum price. Assuming that the minimum price in the cheese market leads to a rise in the equilibrium price of grapes, which are a related good consumed alongside cheese, sketch a precise diagram of the grape market showing the impact of the cheese market's minimum price. Identify the economic term that describes the connection between cheese and grapes