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marks Write a brief comment about how the quantity demanded compares with the quantity suppled, and the efficiency of the cashew market after the price

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marks Write a brief comment about how the quantity demanded compares with the quantity suppled, and the efficiency of the cashew market after the price regulation policy. (3 marks) c.One year after the price regulation, the government allowed the importation of cashew nuts and imposed a tariff (tax) of $1 per kg of cashew nuts imported. Determine the quantities produced by domestic firms and purchased by domestic consumers. Show them on the diagram (7 marks) How much tariff (tax) revenue did the government collect. (3 marks) iji Calculate the inefficiency caused by the tax. Clear indicate your results on the diagram

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