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3a. The government decides to subsidize the solar panels industry to encourage the adoption of solar panels and enhance its competitiveness. They decide to subsidize
3a. The government decides to subsidize the solar panels industry to encourage the adoption of solar panels and enhance its competitiveness. They decide to subsidize the producers by $8 for every unit of solar panel they produce. The demand and supply curves are Qd = 103 7P, Qs = 3P. As a result of the subsidy, buyers will pay $[Answer] less per unit. (In decimal numbers, with two decimal places, please.)
b. At the same time, the sellers will receive $[Answer] more per unit. (In decimal numbers, with two decimal places, please.)
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