Suppose the market demand for fuel is given by QD = 200 13p and the market supply of fuel is Q1S = p where p is a price of fuel per ton and Q is the quantity in million tons. A war in Europe causes the supply curve to shift to Q2S = 40+p, resulting the equilibrium price of fuel to increase. (a) The government does not like the price of fuel to increase, thus is considering to set a price-ceiling at the initial equilibrium price. Discuss the impact of this policy and show it on a diagram. Are consumers better off by price-ceiling? (b) Noticing a drop in the quantity-sold the government now considers to provide a subsidy that makes consumers to consume the quantity at the pre-war level isntead of price-ceiling. Illustrate the impact of this policy on a diagram and show a welfare analysis in the table. Who benefits from the subsidy and why? If the government wants the deadweight loss smallest, which policy do they need to pursue?

i REALLY NEED SOMEONE CAN HELP ME TO DRAW THE DIAGRAM