For a small country, consider a quota and an equivalent tariff that permit the sameinitial level of imports. The market is competitive, and the government uses fixedfavoritism to allocate the quota permits, with no resources expended in the process.There is now an increase in domestic demand (the domestic demand curve D d shiftsto the right). If the tariff rate is unchanged, and if the quota quantity is unchanged,are the two still equivalent? Show this using a graph. Be sure to discuss the effects ondomestic price, production quantity, and consumption quantity, on import quantity,and on producer surplus, consumer surplus, deadweight losses, and governmentrevenue or its equivalent for the quota.