1) Without a sugar quota, U.S. sugar producers would have sold 1 billion bounds of sugar, U.S. consumers would have purchased 24.3 billion pounds of sugar, and imports would have been 23.3 billion pounds. The U.S. price would have equaled the world price of $0.08 per pound. Because the sugar quota limits imports to 3.5 billion pounds, the price of sugar in the U.S. is $.21 per pound and U.S. producers increase their quantity supplied to 16.8 billion pounds. U.S. consumers reduce their sugar purchases to 20.3 billion pounds. a) Provide a graph of the impact of the quota on the U.S. sugar market. b) What is the loss of consumer surplus from the quota? c) What is the gain to U.S. sugar producers? d) What is the gain to foreign sugar producers? e) What is the dcadweight loss