a. In 2018, the United States imposed tariffs of 20% to 50% on imported home washing machines. Explain how these tariffs affect the price that Whirlpool (a U.S. manufacturer) charges for washing machines, how it will affect the quantity it supplies, and the number of workers it hires.

b. Shortly after, the United States imposed a 25% tariff on imports of steel, which is an important raw material used in making washing machines. Explain how these tariffs will affect Whirlpool’s price, its profitability, the number of washers it sells, and how this will affect Whirlpool’s hiring plans.