a)Draw a domestic market for sugar with a supply of P = .2+.1QS (note: price is per pound and quantity is measured in thousands of tons) and a demand of P = 5 .2QD .

b)If the world price of sugar is $1.20, how much money do consumers spend on imported sugar?

c) If a tariff of $0.20/pound is imposed, how many pounds of sugar are imported?

d) Draw the import demand curve for sugar in the domestic market. Be sure to label your axes and intercepts.