(Figure: Market for Reusable Jute Shopping Bags) Refer to the market for reusable jute shopping bags that is shown in the figure. The original equilibrium price is $7 per bag. A subsidy is now introduced for buyers of the bags. The amount of the subsidy is: Price ($ per bag) Supply $8 $7 $5 New demand Old demand 6,000 7,000 Quantity of bags O $2. O $8. O $1. $3