d. Suppose the government wants to move this market to the efficient quantity by imposing a per-unit subsidy in this market. Find the dollar amount per unit of output for this subsidy.

Many governments subsidise electric vehicles. Draw two sup- ply and demand diagrams (one for electric vehicles and one for petrol- powered vehicles) to show the impact of an electric vehicle subsidy. As- sume that an increase in electric vehicles sales reduces petrol powered vehicles by the same amount. On these diagrams show: (a) The quantity of both types of vehicles before the subsidy. (b) The quantity of both types of vehicles after the subsidy. (c) The deadweight losses in both markets before and after the subsidy. 4. is a fuel excise or an electric vehicle subsidy a better policy response to address externalities associated with driving? Your answer should draw on the answers above and could also include: Which policy is simpler to administer. How the two policies impact use of other forms of transport (like public transport or riding a bike). Which policy is fairer. Any additional information that you would like to know to inform your decision   Note:- Do not provide…

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. yOU will get upvote for sure

Retail Demand: Q = 16 - Pr Farm Supply: Q = 2 + .5Pf Marketing cost per unit: $5 Draw a graph of the market showing all relevant curves and functions on graph paper. 3. What is the equilibrium quantity? What is the farm price at this quantity? What is the retail price at this quantity? 4. What is the retail elasticity of demand at the market equilibrium? 5. What is the farm-level elasticity of demand at the market equilibrium?