If a company has a limited amount of land and capital, and it hires more than the ideal number of employees, what is likely to happen
a) specialization will increase
b) average efficiency per worker will increase
c) employee motivation will decrease
d) average productivity per worker will decrease

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.