l. (20 Points) Consider England, which is a small country. England consumes and produces guitars, but it nds that the majority of its guitars come from its neighbor France. The demand and supply of guitars in England are: (1 Demand: Q = 50 - P Supply: QS = P Currently, England is importing guitars at a free trade price of $20. The Queen of England is considering imposing a $5 tariff on guitar imports. Calculate total imports, consumer surplus, producer surplus, dcadweight loss, tariff revenues, and total surplus before and alter the tariff. Illustrate all of these on a graph. Is the tariff a good idea for England? How do you know? Be sure to label