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6. Consider the following graph for CoronaLand and answer ah below (40 points) olIIIl OQN NUJ-hUIO-JOO 12 3 4 5 6 7 8 910111213141516l718 Q

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6. Consider the following graph for CoronaLand and answer ah below (40 points) olIIIl \\OQN NUJ-hUIO\\-JOO 12 3 4 5 6 7 8 910111213141516l718 Q Initially before the Tart" a. Determine consumer surplus, producer surplus, total surplus b. Determine domestic production c. Is there a shortage or surplus of domestic production? d. Clearly identify the amount of imports? Aer a governm eat-imposed Tan e. What is consumer 8: producer surpluses after the tariff? 1'. What is the new amount of imports? g. Determine the revenue generated from the tariff h. Are there gains or loses from such tari'? Clearly identify the gains or losses

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