c) The domestic firm lobbies the government to impose a quota on imported dishwashers, below the current level of imports, to be able to protect the firm and its employees from foreign competition. The government says it is sympathetic to this request, but would only consider a tariff instead of a quota. P MC $2000 PW $1000 D Q Using the diagram above, explain how the proposed quota would affect domestic price and production if enacted. In terms of welfare implications for consumers and domestic producers, how would it fare relative to a tariff that would generate the same decline in the level of imports? Briefly explain. c) The domestic firm lobbies the government to impose a quota on imported dishwashers, below the current level of imports, to be able to protect the firm and its employees from foreign competition. The government says it is sympathetic to this request, but would only consider a tariff instead of a quota. P MC $2000 PW $1000 D Q Using the diagram above, explain how the proposed quota would affect domestic price and production if enacted. In terms of welfare implications for consumers and domestic producers, how would it fare relative to a tariff that would generate the same decline in the level of imports? Briefly explain