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How do you illustrate government expenditures on the graph? How do you calculate it?Consider the market below.a. Suppose there is a 1.50 per unit subsidy given to consumers. Draw the after-subsidy demand curve.Instructions: Use the tool provided 'D2' to draw the after-subsidy demand curve. Place your endpoints at Q=0 and Q=100.Price9.00 8.00Tools7.00D2After-sub Pc6.005.00After-sub Ps Govt expenditure4.003.002.001.0010 20 30 40 50 60 70 80 90 100Quantity (millions)
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