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The government has implemented a new policy to support the price of wheat at $5.68/bu. If...

The government has implemented a new policy to support the price of wheat at $5.68/bu. If the wheat market equilibrium price is $3.52/bu, the equilibrium quantity of wheat is 1,117.00 million bu, the elasticity of supply is 0.3, and the elasticity of demand is -0.75, then what is the new quantity supplied and the new quantity demanded at the support price? How much wheat would the government need to buy to keep the price supported at $5.68/bu?

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