People that purchase Price 124 3 105 A 122 5 79 6 70 46 8 Draw the demand curve and state the standard error. This is an actual data* * * Total Subsidy to be applied 5 Actual price without subsidy is 8 Now think about the following when drawing a demand curve for the data above. Suppose I offered the $1 subsidy to 1000 people and 200 bought, and I offered the $2 subsidy to 500 people and 150 people bought. Would you say demand is higher for the $1 subsidy