Question 2 (30 Points): Corn(y) Law Recently, the US. Congress increased per-gallon subsidies on the production of ethanol (which is a fuel additive). Ethanol is produced from corn. Any farmer that grows corn can produce ethanol because the variety of corn is irrelevant, and the resulting ethanol is the same from any type of corn. In the U.S., there are over 300,000 farms that grow corn (and it's easy for farmers to switch from other crops to grown corn instead). Assume that ATC is \"U-shaped", MC is not constant, and that firms were in LR equilibrium prior to the increased subsidy. A. (10 points) Show the long-run impacts of the subsidy and explain the changes you made. Label starting points and curves with the subscript "0\B. (20 point) Given that firms make no profit in the long run, why would farmers be in favour of the subsidy? Explain