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A typical consumer's monthly demand for kilowatt hours (kwh) of electricity is given by D(p)=600

Economics

A typical consumer's monthly demand for kilowatt hours (kwh) of electricity is given by D(p)=600.00-2200.00p. Due to advances in renewable energy that have reduced barriers to entry, the supply of electricity can be considered as a perfectly competitive market, with a horizontal supply curve at price $0.08 per kwh 

Part 1

What is the quantity consumed by a typical consumer in equilibrium?

Suppose that Congress wants to promote renewable energy and thus proposes a subsidy to consumers of $0.02 per kwh

What is the equilibrium quantity with the subsidy?

Part 2

What percentage of the gain from the subsidy goes to sellers?

What is the deadweight loss from the subsidy?

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