Can someone please explain to me what "spreading overhead" means in terms of business strategy and economics?

Which of the following best describes why you need to establish goals for your program?

Because the demand for wheat tends to be inelastic. true or false

After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.