16. The market shown in [ Figure GP-12 is in equilibrium. Suppose there is a $1.50 per unit subsidy given to buyers. [ LO.6.4] FIGURE 6P-12 Price ($) 9 8 6 10 20 30 40 50 60 70 80 90 100 110 120 Quantity (millions) a. Draw the after-subsidy demand curve. b. Plot the after-subsidy price paid by consumers and the after-subsidy price paid by sellers. c. Draw government expenditures for the subsidy. ad Calculate government expenditures