plus t Problem 2 nit ta: Consider a market where the monthly supply is Qs = 20P. Government wishes to support sellers' incomes. To that end, government officials at the are considering two programs: i) a deficiency payment set at $5 or il) a $3 per unit subsidy. scale a) Suppose monthly demand in this market is consistently equal to QD = 120- 10P. How do the two programs affect the market price, w lon producer surplus, and the revenue that the government must raise to pay for them? b) Suppose instead that the monthly demand in this market is Q = 120 - 10P in the fall and winter months but it's Q'D = 150- 10P in the rplus spring and summer months. In this case, How do the two programs affect the market price, producer surplus, and the revenue that the government must raise to pay for them