Asubsidy to wheat farmers decreases the price of a bushel of wheat from $2.50 to $2 per bushel. prior to the subsidy, the equilibrium quantity of wheat sold was equal to 200,000 bushels. of the demand for wheat is known to be unit elastic, then after the imposition of the subsidy, bushels of wheat would be sold in the market.

Your family business uses a secret recipe to produce salsa and distributes it through both smaller specialty stores and chain supermarkets. the chain supermarkets have been demanding sizable discounts, but you do not want to drop your prices to the specialty stores. true or false: the robinson-patman act limits your ability to offer discounts to the chain supermarkets while leaving the price high for the smaller stores. true false