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Wholesalers buy and sell roses in containers wholesale market for roses in North America. The demand schedule is the wholesalers' demand and the supply Quantity schedule is the North American rose growers' supply. Price Quantity demanded supplied (dollars per container) (millions of containers per year) Wholesalers can buy roses at auction in Aalsmeer, Holland, for $125 per container. 100 15 0 If an import quota of 5 million containers is imposed on roses, what happens to the 125 12 2 price of roses, the quantity of roses bought, the quantity produced in North America, 150 9 4 and the quantity imported? 175 6 6 ' 200 3 8 With the import quota, the North American price of roses is $ 150 a container, 225 0 10