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Disregard the lines in the graph already there. UNIT 2 TEST Figure 1 P Composites Hockey Sticks Hockey Skates P X X Q 1. Assume

Disregard the lines in the graph already there.

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UNIT 2 TEST Figure 1 P Composites Hockey Sticks Hockey Skates P X X Q 1. Assume hockey sticks and ice skates are complements and that government begins subsidizing the production of composites, which are productive inputs for hockey sticks. a. For each market in Figure I above, draw a correctly labeled supply and demand graph showing the resulting effects the subsidy will have on equilibrium price and quantity

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