How much does the target-price program cost the government, Financial Management

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How much does the target-price program cost the government

The Wheat Industry faces the following demand and supply curves:

Qd=800-4P

Qs=100+3P

Assume now that the government adopts a target price program for wheat and sets the target price $120. How much does the target-price program cost the government? What is the direct consumer's expenditure?

Please get down to the basics as much as possible. I am struggling with the very basics.

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