12. The govern ment provides a subsidy to consumers who purchase a good whose production is creating a positive externality. The value of the subsidy is $4 per unit sold. Given price elasticity of demand and supply are neither perfectly elastic nor perfectly inelastic, in the new equilibrium, we would expect: A) the same amount to be sold and the price to be $4 higher. B) the same amount to be sold and the price to increase by less than $4. C) more to be sold and the price to increase by $4. D) more to be sold and the price to increase by less than $4. E) less to be sold and the price to increase by more than $4