QUESTION 15 2 points Exhibit 4-9 Refer to Exhibit 4-9. Supposethat wheat producers lobby the government for a price floor andreceive one. This price floor is set at PF. What is the change inthe total surplus at the price floor, compared to at theequilibrium price? There was a gain in total surplus equal to(area
1 2 3
) There was a gain in total surplus equal to (area
1 2 3 4 5
) There was a loss in total surplus equal to (area
4 5
) There was a loss in total surplus equal to (area
4 5 6
)
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