M Question 10 - International Trade X C The graphs below show the mark x Course Hero X + X C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.uhd.edu%252Fwebapps%252Fportal%25... G E * International Trade Homework i Saved Help Save & Exit Submit e. Using the graph below, identify the area that represents the surplus lost to this economy, which is also known as deadweight loss or DWL, as a result of this restriction of international trade 10 Instructions: Use the tools provided "New Equilibrium" and "Qs + quota" to indicate the new market price, quantity demanded, and domestic quantity supplied with this quota. Then use the tools provided "DWL left" and "DWL right" to illustrate the two areas on the graph that represent deadweight loss 1 points Market for Tires 320 Tools eBook 280 240 New Equilibria Qs + quota S + Quota Print 200 DWL right Price (dollars per tire) 160 DWL left References 120 80 40 0 40 80 120 160 200 240 280 320 Quantity (millions of tires) Mc Graw Type here to search 64OF Cloudy 12:32 PM 4/23/2023