Unformatted text preview: (b)Fixity of farm assets (e) Underproduction of farm products P S 3 2 D 900 1000 Q 3. Consider the diagram for wheat on the right (0.5pt) (a) With a loan rate of $3/bushel, farmers will supply _ 1200 __ bushels. (0.5pt) (b) How many bushels of wheat will the government accumulate at the loan rate of $3/bushel? ___3 00 ___ bushels...
View Full Document
- Spring '09
- Supply And Demand, $3, 1.5pts, 0.5pt, 3pts, Commodity Credit Corporation