1. We have seen how a per unit production taxis shown in the 3&D model. Now let's think about a per unit production subsidy. Start with an initial equilibrium price of $5 and quantity of l million. Now provide producers with a $1 per unit subsidy. Shade in (the cost of) the subsidy. Hint: this works exactly like a tax except instead of giving $1 to the government the producer is now getting $1 from the government