If the government decides, during level 1 of the of Covid-19 lockdown period to introduce price supports to raise the income of farmers, and as a result, the price of wheat is raised to P5, there will be an excess supply of A. Q4 – Q3 B. Q5 – Q2 C. Q4 – Q1 D. 0

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If the government decides, during level 1 of the of Covid-19 lockdown period to introduce price supports to raise the income of farmers, and as a result, the price of wheat is raised to P5, there will be an excess supply of

A. Q4 – Q3
B. Q5 – Q2
C. Q4 – Q1
D. 0

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