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Demand is given by QD = 105 1.5P, where QD is in millions of tires per year. Supply is QS = 1.5873P 15.873. Suppose instead
Demand is given by QD = 105 1.5P, where QD is in millions of tires per year. Supply is QS = 1.5873P 15.873. Suppose instead of a tax the U.S. government creates a subsidy of $5 per tire paid to tire producers. After the subsidy is imposed, consumer surplus will be $ _____. Round your answer to the nearest integer value and enter your answer without the $ sign
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