The Above Figure Shows the Domestic Market for Wheat.

Question 89
Multiple Choice

The above figure shows the domestic market for wheat. Suppose this market is isolated from global competition and the government intervenes by setting a support price of $15 a tonne. The quantity produced once the price support is in place is A) 250 million tonnes. B) 400 million tonnes. C) 300 million tonnes. D) 200 million tonnes. E) 100 million tonnes.