Partial Question 4 0.83 / 3.33 pts Identify each of the changes the following market intervention would cause in a competitive market compared to the original equilibrium. Intervention: A per-unit subsidy paid to the producers of wheat. Wheat 375 350 S1 325 Price, $ Per Ton 300 275 250 225 200 ---..P... 175 150 ---- 125 -..P.. 100 75--- 25 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 1400 1500 Tons of Wheat The price received by producers (after the subsidy) increases The price received by producers (after the subsidy) The price consumers pay increasesi' | 100 200 300 400 500 600 700 800 900 100011001200130014001500 Tons of Vthat The price received by producers (after the subsidy) increases The price received by producers (after the subsidy) The price consumers pay increases The price consumers pay decreases The quantity purchased increases The quantity purchased decreases A new equilibrium is reached