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The IFAM program (Australian government program brought about during Covid-19 to help Fishery and Agriculture firms supply their produce overseas due to the supply chain

The IFAM program (Australian government program brought about during Covid-19 to help Fishery and Agriculture firms supply their produce overseas due to the supply chain shortages of flights out of Australia) helps to lower the marginal cost (MC) of production for an Australian business firm which is a MONOPOLIST. Using a graph, and in no more than 200 words, explain what would happen to this business firm with regard to its output choice and profitability when it receives the IFAM supports.

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