Answer the following question with a specific explanation

Question 3 Domestic demand for natural gas is characterized by the equation P = 350 - 5Q , domestic supply is characterized by the equation @ = 0.5 . P + 35, and the world price is equal to 60. Then the production subsidy of 10 per unit will O increase government revenue by 700 O result in domestic production of 68 O result in exports of 12 O change nothing Question 4 Export subsidy can be welfare improving trade policy for a domestic country if O it is used for agricultural products O the country that implements it is small O it cannot be welfare improving O the country that implements it is large Question 5 1 p Dumping O is considered unfair by the rules of the WTO O always leads to negative profits of a firm O always lead to the decrease in world welfare O is the situation when a firm exports good at a higher than domestic price or at a price higher than its average costs