Problem
1. Consider a policy to help struggling farmers by setting a minimum trade price for wheat. Will this be an effective way to increase their surplus? Explain.
2. If rent control creates deadweight loss for both consumers and suppliers of housing, why are consumers often in favor of this policy?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.