How much the diagram would cost the government

Question

Problem

(Case Study: The Market for Food and "the Farm Problem") Again suppose that this diagram represents the market for agricultural products and that supply has increased from S₀ to S₁. To aid farmers, the federal government decides to stabilize the price at P₀ by buying up surplus farm products. Show on the diagram how much this would cost the government. By how much would farm income change compared to what it would have been without government intervention?

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.