Please answer 38 and 39

38. The following table shows the demand and the supply schedule of chocolate: Price($ per unit) Quantity Demanded(units) Quantity Supplied(units) 40 80 50 70 A CT ) - 00 60 60 70 50 80 40 If the government provides a $2 per-unit subsidy to the producers, evaluate whether the following statements are True or False. A) Consumers enjoy a strictly smaller subsidy benefit share compared to producers. [ Answer38A ] (T. True, F. False) B) Price received by producers becomes $5. [ Answer38B ] (T. True, F. False) C) Consumer's total expenditure with the $2 per-unit subsidy is lower than that without the subsidy. [ Answer38C ] (T. True, F. False) 39. Evaluate whether the following statements are True or False. A) Consider a market with initial positive price-quantity pairs. When the demand is perfectly inelastic, a change in supply has no effect on the quantity transacted. [ Answer39A ] (T. True, F. False) B) Consider a market with initial positive price-quantity pairs. Any strictly positive per-unit tax generates strictly positive tax revenue. [ Answer39B ] (T. True, F. False) C) It can be the case that the price received by sellers increases by exactly the per-unit tax rate. [ Answer39C ] (T. True, F. False)