Good morning.

I am looking for help with the following items below

A. Draw a standard Supply and Demand graph for a competitive market.

B. Below, redraw the graph.View your Demand curve as domestic demand and your Supply curve as domestic supply. Highlight/shade the equilibrium levels of price, quantity, CS (Consumer Surplus) and PS (Producer Surplus).

C. Below, redraw the graph from (a) and view the S curve as domestic supply.Next add a second supply curve S_f representing foreign supply into this market.Draw the total supply curve, identify the new competitive equilibrium. Compared to the purely domestic setting in (b):

Is the new equilibrium price higher or lower?

Is the new equilibrium quantity higher or lower?

Is the new level of domestic supply higher or lower?

D. Below, redraw your graph from (a).Suppose the government decides to subsidize the suppliers by directly giving producers a payment of s/unit that they produce.Add the subsidy to your graph.Highlight/shade the new equilibrium levels of price, quantity, CS, and PS.Shade any inefficiency area.

E. Below, redraw your graph from (a).Suppose there is a positive externality associated with production and consumption of the good in the market.Specifically, any unit produced and traded in the market benefits 3^rd parties by an amount e/unit.Add the positive externality to your graph, highlight/shade the equilibrium levels of price, quantity, CS, and PS.Shade any inefficiency area.

F. Below, redraw your graph from (a).Now suppose there's a second source of demand in the form of a foreign buyer Demand curve.Add a second Demand curve to represent Foreign Demand. Determine the new Total Demand curve, determine the new equilibrium, show how the equilibrium quantity is divided between domestic and foreign buyers.