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In the following diagram, Sag and D are the domestic supply and demand for a product and P. is the world price of that produd. S, is the produd supply after an import quota in imposed. Price (5) E K Refer to the figure above to anson the following question The effect of the import quota on domeute proce and domeshe coriumpain in the same as that si h uriff of P.P. to those price by mess and redict consumption by lem d ma unit of PP; the same in thet of a count of PP. Im curse price by less and reduce commphin by more thin a tiny of P.P Question 48 11 point)