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In this tutorial, the focus is on drawing a detailed diagram of a subsidy's impact on equilibrium price and quantity. Start by moving the price and quantity axes and drawing supply and demand curves to find the equilibrium point (q1). Subsidies lower production costs, shifting the supply curve down (from s1 to s1 plus sub) and leading to a new equilibrium with a lower price and higher quantity (Q2). Ensure to show the cost to the government, consumer savings, producer revenue, and welfare effects on the diagram. Getting the basics right is crucial before adding these additional components to the diagram.