After the price support is put in place, the new levels of surplus reflect the large costs of producing the surplus, with no buyers at the high price (P′>P). The cost of producing the surplus \(...After the price support is put in place, the new levels of surplus reflect the large costs of producing the surplus, with no buyers at the high price (P′>P). The cost of producing the surplus (Q’’ – Q’) at the price support level equals P’ multiplied by (Q’’ – Q’), which is equal to area CEFGHI (Figure \PageIndex{3}), the cost of producing the surplus.
