Could you please provide a step-by-step solution? If you explain them in detail, I would be grateful. Thank you for your time!

Q.l Consider the DMP model. Low unemployment is a commonly pursued goal of governments. A subsidy, 5, given to rms to encourage more hiring is a policy option that can be implemented with the intended goal of increasing employment and reducing the unemployment rate. (17 marks) c) Determine the equation that determines the supply side of the market V(Q) and the demand side of the market, em(l/j,1). (4 marks) (1) Solve for equilibrium and show it graphically. (4 marks)