The City of New York has noticed the quality of photos taken by Spider-Man. In an effort to showcase the web-slinger's ability to clean up crime, New York has decided tosubsidizethe photos. New York subsidizes the photo by $39/photo.

Which of the following would be thecorrect equationaffected by this subsidy? (Choose the correct equation)

Group of answer choices

Snew=Q+50

Dnew=2Q+116

Snew=Q28

Dnew = -2Q+38

Find the new equilibirum price, P*new, after the subsidy

and

Find the new equilibrium quantuty, Q*new, after the subsidy