Chance to win 50 points Hi, so I have my horse show on Saturday. So I am doing a little giveaway. If you guess what place I come then you could win 50 points!! If you guess the closest you will win! You can comment or answer on this post. There are 8 people competing including me. Good Luck!

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.