Explain using graphs, math and words: the relationship between technological innovation, costs and profit; including all the models and related materials we've covered: 1. production functions and marginal products, 2. the cost curves (MC and AC etc.), 3. the profit function (MC and MR). Illustrate where consumers are subsidized to purchase within each of your three graphs. Finally; explain the impact of the shock on both producers and consumers in terms of their surpluses.