Question: Please Help me with this question, I will make sure to thumbs up!! Question 2 (20 points) Suppose that the market for toys in a

Please Help me with this question, I will make sure to thumbs up!! Question 2 (20 points) Suppose that the market for toys in a particular town has the following supply and demand curves: Q5

Please Help me with this question, I will make sure to thumbs up!!

= P Q" = 90 - 2P Suppose that the mayor of

the town wants to use a budget of $1,500 to subsidize the

market for toys, by introducing a per unit subsidy of $s >

Question 2 (20 points) Suppose that the market for toys in a particular town has the following supply and demand curves: Q5 = P Q" = 90 - 2P Suppose that the mayor of the town wants to use a budget of $1,500 to subsidize the market for toys, by introducing a per unit subsidy of $s > 0. (a) (10 points) What should the unit subsidy s be in order to spend exactly the entire budget of $1,500? Hint: your should find a whole number for s. Illustrate this situation graphically in a supply /demand diagram.{b} {5 paints) What is the \"subsidy incidence\"? That is1 how is the subsidy divided between the buyers and sellers of toys? {e} {5 points] What is the dead weight less. if any. of this subsidy? Illustrate the dead weight less in the supplyfdemand diagram

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