arket is perfectly competitive, and the market supply and demand curves are given by the following equations: QD = 20,000 - 4,000P QS = 7,000 + 2,500 P​​where QD and QS are quantity demanded and quantity supplied measured in bushels, and P = price per bushel. a. Determine the equilibrium price and quantity. b. Determine the Consumer surplus c. Assume that the government has imposed a price floor at $2.25 per bushel and agrees to buy any resulting excess supply. How many

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