Suppose that the State of Connecticut decides to subsidize the cost of purchasing a treadmill for cardiac​ patients, as

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Suppose that the State of Connecticut decides tosubsidize the cost of purchasing a treadmill forcardiac​ patients, as prescribed by their doctors. Prior tothe​ program, the equilibrium price of treadmillswas​ $800, and the equilibrium quantity purchasedwas​ 50,000.  
The state decides to subsidize ​$700 of the cost ofthe​ treadmill, and with the​ subsidy, the quantity thatconsumers wish to purchase is​ 70,000. Manufacturers arewilling to supply this quantity at a price of​ $1,000.
The cost of this program to the Stateof Connecticut is ​$enter your responsehere million.
Part 2
After the​ subsidy, consumers will pay enter yourresponse here​ % of the cost of the​ treadmill, and thestate will pay enter your response here ​% of thecost.