3. Consider the following diagram of the market for cars in China. Suppose that the importation of cars DomesWorldere banned in China, and as a result the equilibrium price of cars in China rose from $30,000 to Demaflappy$5,000 as shown below: P DomesA2 000 Supply $35,000 $30 000 140, 000 a. What was consumer surplus when car imports were permitted? b. What has happened (in dollar terms) to consumer surplus when the importation of cars was banned? c. How will the number of cars produced by domestic companies change? d. Calculate the dollar value of the surplus that will shift from consumers to producers when imports