mylearning.suny.edu/d21/le/content/88958/viewContent/12210311/View . Question 11 The graph below shows the supply and demand curves for bagels. 12X Demand 10 9. u a Price of bagels A Supply Supholy 20 30 40 50 60 70 80 90 100 110 12 Quantity of bagels Q 1. What is the equilibrium quantity if there is NO subsidy in place? 2. What is the equilibrium price if there is NO subsidy in place? $ Suppose that the government allocates a subsidy on sellers as depicted by the shift in the supply curve from Supply 1 (red) to Supply 2 (black). Chapter 4 Gove....pptx Lecture 22.pptx MacBook All1. What is the equilibrium quantity if there is NO subsidy in place? 2. What is the equilibrium price if there is NO subsidy in place? Suppose that the government allocates a subsidy on sellers as depicted by the shift in the supply curve from Supply 1 (red) to Supply 2 (black). 3. What is new equilibrium quantity when the subsidy is in place? 4. What is the price that buyers pay? tA 5. What is the price that sellers receive? 6. What is the size of the subsidy? $ 7. How big is the government revenue from this subsidy? $ Calculator > Next Question Chapter 4 Gove....pptx Lecture 22.pptx MacBook Air esc -O' 20 Q U F1 F2 F3 F4 F5 F6 F7 @ # $