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If the government imposes an excise subsidy of $2 per kringle on the consumption of kringle, then from the perspective of kringle bakers , the

If the government imposes an excisesubsidyof $2 per kringle on theconsumptionof kringle, thenfrom the perspective of kringle bakers, the "effective" orafter-subsidy demandcurve for kringle will shift

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up vertically by exactly $2.

right horizontally by exactly $2.

down vertically by exactly $2.

left horizontally by more than $2.

up vertically by less than $2.

up vertically by more than $2.

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